Oil & Energy
Dangote Invests $250m In Three Coal Power Plants
In a bid to find alternative power
supply for greater productivity, the management of Dangote Cement Plc has announced plans to invest $250m investment in coal-fired power plants in its Obajana, Ibeshe and Gboko plants.
The Group Managing Director, Dangote Cement, Mr. Edwin Devakumar who announced this, said already the first consignment of coal has been imported from South Africa.
He said the step was to address the poor power supply situation in the country. “As you know, the gas and fuel oil supply situation is going from bad to worse every day and all the manufacturing industries and all the power plants are affected,” he noted.
The Group Managing Director regretted that the situation had reached such a critical stage that the company had been importing low Pour Fuel Oil (LPFO) due to its scarcity in the country remarking that Nigeria normally used to export the product to other nations.
According to Devakumar who disclosed that his company has taken delivery of three vessels of LPFO imported through the Apapa Ports said each carried 30,000 tones of the product while each of the coal plants would have capacity to generate 30 megawatts of electricity.
He further stated that the company had to rent tank farms in Apapa, Lagos and Calabar, Cross River State to discharge the imported LPFO into before transferring it to the cement plants.
He particularly stressed the urgent need for the government to do something about the problems of gas and LPFO supply, noting that businesses cannot survive in the country without power and fuel and expressed fear that of the ugly situation is not resolved, it could compound the problem of unemployment and insecurity.
“We have already lost about 10 per cent of our capacity and that means less cement in the market”, he said adding, however that the company had also increased its production lines to take care of any shortfall.
He explained that Dangote Group’s investment in coal-fired plants will give the company a lot of relief stressing that the investment in coal has also created opportunities for the sector.
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Dangote Refinery Resumes Gantry Self-Collection Sales, Tuesday
This is revealed in an email communication from the Group Commercial Operations Department of the company, and obtained by Newsmen, at the Weekend.
The company explained that while gantry access is being reinstated, the free delivery service remains operational, with marketers encouraged to continue registering their outlets for direct supply at no additional cost.
The statement said “in reference to the earlier email communication on the suspension of the PMS self-collection gantry sales, please note that we will be resuming the self-collection gantry sales on the 23rd of September, 2025”.
Dangote Petroleum Refinery also apologised to its partners for any inconvenience the suspension may have caused, while assuring stakeholders of its commitment to improving efficiency and ensuring seamless supply.
“Meanwhile, please be informed that we are aggressively delivering on the free delivery scheme, and it is still open for registration. We encourage you to register your stations and pay for the product to be delivered directly to you for free. We sincerely apologise for any inconvenience this may cause and appreciate your understanding,” it added.
It would be recalled that in September 18, 2025, Dangote refinery had suspended gantry-based self-collection of petroleum products at its depot. The move was designed to accelerate the adoption of its Free Delivery Scheme, which guarantees direct shipments of petroleum products to registered retail outlets across Nigeria.
The refinery stressed that the earlier decision was an operational adjustment aimed at streamlining efficiency in the downstream supply chain.
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