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Dangote refinery secures new NNPC gas deals to power expansion plans to woo US, UK, other markets

Simon Osuji by Simon Osuji
February 2, 2026
in Business
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Dangote refinery secures new NNPC gas deals to power expansion plans to woo US, UK, other markets
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Dangote Petroleum Refinery, Dangote Fertiliser Plant, and Dangote Cement Plc confirmed on Monday that the new contracts were signed with Nigerian Gas Marketing Limited and NNPC

The deals come as Nigeria intensifies efforts to unlock the economic value of its vast natural gas reserves, amid rising demand from heavy industries and growing pressure to transition towards cleaner fuels.

Launched last week, the Nigeria Gas Master Plan 2026 aims to overhaul the country’s gas sector by expanding infrastructure, improving supply reliability, and attracting large-scale investment.

The plan targets increasing national gas output to 10 billion cubic feet per day by 2027, up from roughly 8 billion cubic feet currently, with a further rise to 12 billion cubic feet per day by 2030.

President Bola Tinubu of Nigeria. [Photo by Bernd von Jutrczenka/picture alliance via Getty Images]

The federal government estimates that achieving these targets could attract more than $60 billion in investment across the gas value chain, according to official figures converted to current US dollars.

Minister of State for Petroleum Resources, Gas, Ekperikpe Ekpo, said the plan marks a shift from policy formulation to implementation, noting that Nigeria’s core challenge lies in “converting reserves into reliable supply and economic value”.

NNPC Limited’s Group Chief Executive Officer, Bashir Bayo Ojulari, said the strategy is designed to boost national gas production, optimise costs, and strengthen supply to key users, while improving Nigeria’s appeal to global investors.

For Dangote Group, the expanded gas agreements underscore the critical role of a stable energy supply in supporting industrial expansion across Africa’s largest economy.

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