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    UK Court awards £20m Damages in favour of Nigeria against P&ID

    S&P Global revises Nigeria outlook from Stable to Positive

    Conoil Plc to Hold 55th AGM, Proposes N3.50 Dividend

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    Thomas Wyatt Nigeria PLC Delays Filing of 2025 Financial Statements

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    Headline Inflation in Nigeria rose to 22.04% in March

    Nigeria’s inflation eases to 16.05% in October 2025

    President Buhari hikes Petrol Price to N212 per litre through the PPPRA

    Federal Government suspends 15% import tax on imported petrol

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    FY 2020: Zenith Bank Plc rakes in N230.6 billion profit after tax

    Zenith Bank Plc addresses rumored acquisition in Kenya

    Dangote Sugar Refinery Announces Resignation of Ravindra Singhvi and Appoints Thabo Mabe as Successor

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    Fidson Healthcare Announces N21 Billion Rights Issue to Boost Capital Base

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Dangote Group appoints new CEO for petroleum and petrochemicals division

Saturday, 2 August 2025, 2:14 pm
in Business, Companies
0
Dangote Group appoints new CEO for petroleum and petrochemicals division
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Dangote Group has appointed David Bird as the new Chief Executive Officer (CEO) of its petroleum and petrochemicals division in a bid to address operational challenges and drive its next growth phase.

Have you read; Prof. Chika Mordi and Mr. Emmanuel Nnorom retires from United Capital Plc’s Board

David Bird, former CEO of Oman’s Duqm refinery, officially assumed his role in July 2025.

Aliko Dangote, founder of the conglomerate, remains chairman of the refining arm and CEO of the overall group, which spans sectors including cement, fertilizer, and sugar.

Bird’s brings a wealth of experience, having overseen the Duqm refinery’s expansion and crude diversification just before its 2023 test runs.

The CEO move comes amid setbacks at the 650,000 barrels-per-day (b/d) refinery, which has faced multiple operational hiccups and “design issues” that have hampered its ramp-up.

In written comments to Platts, part of S&P Global Commodity Insights, Bird stated his priority at Dangote would be advancing the group’s footprint beyond the Nigerian market and across the African continent. He also noted on LinkedIn that his role involves ensuring maximum output and efficiency for the refinery while positioning the group as a global refining leader.

Dangote Group is planning to expand the refinery’s capacity to 700,000 b/d, enhance port infrastructure, and develop overseas storage facilities in countries such as Namibia. In August, it is set to roll out its own distribution business with a fleet of 4,000 CNG-powered trucks.

The Group Executives have also confirmed plans to list the refining arm on both the London and Lagos stock exchanges.

Nnamdi Maduakor
Nnamdi Maduakor

Nnamdi Maduakor is a Writer, Investor and Entrepreneur

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