{"id":151240,"date":"2025-02-18T12:41:12","date_gmt":"2025-02-18T11:41:12","guid":{"rendered":"https:\/\/www.africa-press.net\/nigeria\/uncategorized\/if-23bn-refinery-didnt-work-i-was-dead-dangote"},"modified":"2025-02-20T22:30:09","modified_gmt":"2025-02-20T21:30:09","slug":"if-23bn-refinery-didnt-work-i-was-dead-dangote","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/nigeria\/economy\/if-23bn-refinery-didnt-work-i-was-dead-dangote","title":{"rendered":"\u2018If $23bn refinery didn\u2019t work, I was dead\u2019 \u2013 Dangote"},"content":{"rendered":"

Africa-Press – Nigeria. <\/strong><\/span>Nigerian billionaire businessman, Aliko Dangote, has claimed his $23bn refinery project is the \u201cbiggest risk\u201d of his life.<\/p>\n

Dangote stated this in an interview with Forbes on Monday.<\/p>\n

He opened up about the challenges and risks he encountered in setting up the venture.<\/p>\n

\u201cIt was the biggest risk of my life. If this didn\u2019t work, I was dead,\u201d Dangote said.<\/p>\n

Despite the refinery\u2019s groundbreaking capacity of 650,000 barrels per day and status as Africa\u2019s largest, Dangote admitted the journey to its completion was filled with uncertainties.<\/p>\n

Dangote also made it clear that Nigeria and Africa cannot keep depending on foreign investment.<\/p>\n

He said: \u201cWe have to build our own nation by ourselves.<\/p>\n

\u201cWe have to build our own continent by ourselves, not [rely on] foreign investment.\u201d<\/p>\n

According to him, Africa has been \u201ca mere dumping ground for finished products,\u201d and his refinery is \u201ca pivotal step in ensuring that Africa has the capacity to refine its own crude oil, thereby creating wealth and prosperity for its vast population.\u201d<\/p>\n

For More News And Analysis About Nigeria<\/span> Follow Africa-Press<\/span><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Nigeria. Nigerian billionaire businessman, Aliko Dangote, has claimed his $23bn refinery project is the \u201cbiggest risk\u201d of his life. Dangote stated this in an interview with Forbes on Monday. He opened up about the challenges and risks he encountered in setting up the venture. \u201cIt was the biggest risk of my life. If […]<\/p>\n","protected":false},"author":84,"featured_media":151239,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24,15],"tags":[1233,254],"class_list":["post-151240","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-dangote","tag-nigeria"],"yoast_head":"\n\u2018If $23bn refinery didn\u2019t work, I was dead\u2019 \u2013 Dangote - Nigeria<\/title>\n<meta name=\"description\" content=\"Nigerian billionaire businessman, Aliko Dangote, has claimed his $23bn refinery project is the \u201cbiggest risk\u201d of his lif ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/nigeria\/economy\/if-23bn-refinery-didnt-work-i-was-dead-dangote\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"\u2018If $23bn refinery didn\u2019t work, I was dead\u2019 \u2013 Dangote\" \/>\n<meta property=\"og:description\" content=\"Nigerian billionaire businessman, Aliko Dangote, has claimed his $23bn refinery project is the \u201cbiggest risk\u201d of his lif ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/nigeria\/economy\/if-23bn-refinery-didnt-work-i-was-dead-dangote\" \/>\n<meta property=\"og:site_name\" content=\"Nigeria\" \/>\n<meta property=\"article:published_time\" content=\"2025-02-18T11:41:12+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-02-20T21:30:09+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2025\/02\/sm_1739870073.784657.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"900\" \/>\n\t<meta property=\"og:image:height\" content=\"531\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/if-23bn-refinery-didnt-work-i-was-dead-dangote#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/if-23bn-refinery-didnt-work-i-was-dead-dangote\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"\u2018If $23bn refinery didn\u2019t work, I was dead\u2019 \u2013 Dangote\",\"datePublished\":\"2025-02-18T11:41:12+00:00\",\"dateModified\":\"2025-02-20T21:30:09+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/if-23bn-refinery-didnt-work-i-was-dead-dangote\"},\"wordCount\":192,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/if-23bn-refinery-didnt-work-i-was-dead-dangote#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2025\/02\/sm_1739870073.784657.jpg\",\"keywords\":[\"Dangote\",\"Nigeria\"],\"articleSection\":[\"all news\",\"Economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/nigeria\/economy\/if-23bn-refinery-didnt-work-i-was-dead-dangote#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/if-23bn-refinery-didnt-work-i-was-dead-dangote\",\"url\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/if-23bn-refinery-didnt-work-i-was-dead-dangote\",\"name\":\"\u2018If $23bn refinery didn\u2019t work, I was dead\u2019 \u2013 Dangote - 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