Aliko Dangote: Refining Nigeria’s oil, helping Africa, and creating wealth

The world’s richest Black man says he aims to make Africa more self-sufficient and less reliant on imports. Nigerian billionaire businessman Aliko Dangote says building his refinery was the hardest challenge he’s faced, but he never considered giving up. For decades, Nigeria – Africa’s biggest oil producer – spent billions of dollars importing refined petroleum products because its state-owned refineries were barely functioning. Dangote, who is Africa’s richest man, says his refinery has made his country less dependent on imported fuel. Since the February 28 launch of the US-Israel war on Iran, the facility has seen an increase in demand for its jet fuel due to disruptions to global energy supplies.