{
  "id": 14012077,
  "title": "Dangote Refinery targets 1.4m barrels per day capacity by 2029 – Dangote",
  "url": "https://urgent.news/2026/10/12/dangote-refinery-targets-1-4m-barrels-per-day-capacity-by-2029-dangote",
  "topic": "business",
  "section": "Business",
  "published": "2026-10-12T17:52:06.000Z",
  "source": {
    "name": "Punch",
    "slug": "punch",
    "url": "https://punchng.com/dangote-refinery-targets-1-4m-barrels-per-day-capacity-by-2029-dangote/"
  },
  "original_language": "en",
  "account": null,
  "summary": "Dangote Refinery, owned by Aliko Dangote, aims to increase its capacity from 500,000 barrels per day to 1.4 million barrels per day by 2029, which would account for 10% of America's total refining capacity. The refinery also plans to produce 2.5 million tonnes of polyolefin and 400,000 metric tonnes of linear alkylbenzene by 2029, marking significant milestones for Africa's industrial development. Dangote assured that smaller shareholders in the IPO would be prioritized and that the share offer price of N525 is attractive, projecting potential returns of more than double the investment within two and a half years.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Punch Nigeria",
        "title": "Dangote Refinery targets 1.4m barrels per day capacity by 2029 – Dangote",
        "url": "https://urgent.news/2026/10/12/dangote-refinery-targets-1-4m-barrels-per-day-capacity-by-2029-dangote-14014426",
        "published": "2026-10-12T18:06:06.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}