Dangote Group: The Cement and the Crude

In 1977, a young trader in Kano started a business with a family loan worth about three thousand US dollars. Nearly fifty years later, the refinery he built on the Lekki coast of Lagos can process six hundred and fifty thousand barrels of crude a day, and Nigeria has become a net exporter of petrol for the first time in fifty years. This is the story of Aliko Dangote and Dangote Group: a trading house descended from Alhassan Dantata; the cement imports of Nigeria's first oil boom; the 2002 policy that turned an importer into a manufacturer at Obajana; the listing of Dangote Cement in 2010; the twenty-billion-dollar refinery bet and the fight with NNPC over crude supply. New for the film: The Kenya Listing. The refinery's share sale opened on the Nigerian Exchange on 14 September 2026, and on 29 September in Nairobi, Aliko Dangote pledged that his planned East African refinery at Lamu will be listed on the Nairobi Securities Exchange. CHAPTERS 0:00 Cold Open 0:58 The Origin 5:13 The Struggle 9:41 The Pivot 13:29 The Scale 17:23 Today and Tomorrow 19:46 The Kenya Listing 22:02 Closing