The Abuja Chamber of Commerce and Industry (ACCI) has described the Dangote Petroleum Refinery and Petrochemicals (DPRP) as a sovereign investment, and more than a petroleum refinery, saying the facility represents a major industrial platform capable of transforming Nigeria’s energy, trade and investment landscape.
Speaking to newsmen on the sideline of the Abuja International Trade Fair, ACCI’s President, Chief Emeka Obegolu, said the significance of the DPRP extends beyond its refining capacity to include the development of extensive value chains, opportunities for manufacturers and service providers, technology transfer, foreign-exchange conservation and increased prospects for exports.
According to the Chamber, the refinery’s operations could stimulate investments across logistics, transportation, petrochemicals, manufacturing and other sectors, while helping Nigeria reduce its dependence on imported refined petroleum products.
It noted that the facility therefore represents an important example of how large-scale private-sector investment can support industrialisation and strengthen the resilience of the Nigerian economy.
The Chamber further commended Dangote Industries Limited for its sustained investment in Nigeria and its support for platforms such as the Abuja International Trade Fair, noting that stronger collaboration between government, organised business and major industrial operators would be critical to unlocking the full economic benefits of such investments.
It urged Nigerian businesses, particularly Micro, Small and Medium Enterprises, to position themselves to participate in the emerging opportunities around the refinery and its wider value chains, while encouraging continued dialogue on policies that promote investment, trade, job creation and sustainable economic growth.
The Dangote Refinery represents an important example of what large-scale private-sector investment can contribute to domestic industrial capacity.
It said: “From ACCI’s perspective, a world-scale refinery operating in Nigeria has implications that extend beyond petroleum refining. Reliable domestic availability of refined products can support businesses across manufacturing, transportation, aviation, agriculture, logistics and other sectors whose operating costs are significantly affected by energy.”
It added that the refinery itself identifies its strategic objectives as reducing import dependency, strengthening energy security, and building an export-oriented refining hub. Its current stated crude distillation capacity is 700,000 barrels per day, with an expansion pathway to 1.4 million barrels per day.
For Nigeria, the opportunity is to move progressively from dependence on imported finished products towards greater domestic value addition and the export of refined and petrochemical products.
ACCI therefore sees the refinery not simply as a major industrial investment, but as part of the wider infrastructure required to strengthen Nigeria’s productive capacity, deepen local supply chains, conserve foreign exchange and enhance the country’s participation in regional and global trade.
The key is to create the policy, infrastructure and regulatory conditions that enable investments of this scale to operate efficiently and competitively.
The Dangote Industries Limited is one of the major sponsors of the 2026 Abuja International Trade Fair.
Speaking at the Special Day of the Dangote Group, Regional Director and Senior Adviser to the President/CE, Fatima Wali Abdurrahman, who was represented by the Abdullahi Bello DanMusa said: “The ongoing Initial Public Offering of Dangote Petroleum Refinery and Petrochemicals FZE connects trade, investment, industrialisation and economic inclusion.
“The public offer comprises 4.1 billion ordinary shares at ₦525 per share. The minimum subscription is 10 shares, equivalent to ₦5,250. The offer opened on 14 September and is scheduled to close on 13 October 2026.”
