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Dangote Signs $400M China Equipment Deal With XCMG

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Dangote Signs $400M China Equipment Deal With XCMG

Published: Jun 29, 2026 | ⏱ 1 min read | 👁 17 views | Author: NaijaChoice News

Africa’s richest man, Aliko Dangote, has taken another major step toward expanding Nigeria’s industrial capacity after signing a $400 million equipment agreement with Chinese construction machinery giant XCMG. The deal will support the expansion of the Dangote Petroleum Refinery in Lekki, Lagos, with plans to increase its refining capacity from 650,000 barrels per day to about […]

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