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    NNPC acquires equipment to build 40 CNG filling stations

    President Tinubu Cancels $1.42 Billion, ₦5.57 Trillion NNPCL Debt

    Terrorists attack presidential guards in Abuja after threat to abduct Buhari

    FG Confirms U.S.-Backed Airstrikes on Terrorists Targets in Sokoto State

    EFCC traces 41 properties worth N212bn to Former Attorney General, Abubakar Malami

    EFCC traces 41 properties worth N212bn to Former Attorney General, Abubakar Malami

    NMDPRA CEO Farouk Ahmed resigns amid corruption allegations

    NMDPRA CEO Farouk Ahmed resigns amid corruption allegations

    Nnamdi Kanu Lists Wike, Hope, Sanwo Olu and others as Witnesses in Terrorism Trial

    Nnamdi Kanu prison transfer request stalls as court insists on hearing from FG, NCoS

    FPEDL Schedules Brief Power Outage in Anambra for Transformer Upgrade on December 7

    FPEDL Schedules Brief Power Outage in Anambra for Transformer Upgrade on December 7

    Nnamdi Kanu moved from DSS custody to Sokoto prison – Aloy Ejimakor

    Federal High Court fixes December 8 to hear Nnamdi Kanu’s transfer request from Sokoto prison

    Senate Confirms Retired Chief of Defence Staff as Defence Minister

    Senate Confirms Retired Chief of Defence Staff as Defence Minister

    Abubakar Badaru resigns as minister of defence

    Abubakar Badaru resigns as minister of defence

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    NNPC acquires equipment to build 40 CNG filling stations

    President Tinubu Cancels $1.42 Billion, ₦5.57 Trillion NNPCL Debt

    Dangote Refinery will supply first product to market by July – Dangote

    Why Made in Nigeria Cement Is Cheaper Abroad – Dangote

    Dangote refinery set to import Crude oil from Brazil

    Dangote Refinery Cuts Petrol Price to ₦699 per Litre

    All diaspora remittances must be received by beneficiaries in foreign currency only – CBN

    CBN Rolls Out New Cash Rules, Sets Fresh Withdrawal Limits for 2026

    Nigeria Wins €185.7m Arbitration on Ajaokuta Steel Contract

    Nigeria Wins €185.7m Arbitration on Ajaokuta Steel Contract

    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

    Nigeria Imposes 10% Tax on Short-Term Investment Interest

    Nigeria Imposes 10% Tax on Short-Term Investment Interest

    Nestlé Cuts 16,000 Jobs in a Major Restructuring; Stock Rises Nearly 8%

    Nestlé Cuts 16,000 Jobs in a Major Restructuring; Stock Rises Nearly 8%

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    MTN Nigeria to pay over N200 billion final dividend for 2022

    Nigeria Infrastructure Debt Fund Declares ₦4.68 Distribution for Q4 2025

    Airtel Africa  Announces Total Voting Rights

    Airtel Africa Continues $100m Buy-back With New Share Repurchase

    Acceptance for Champion Breweries Plc Take-Over Offer closes soon

    Champion Breweries ₦42bn Public Offer Opens for Subscription

    Airtel Africa  Announces Total Voting Rights

    Airtel Africa Updates Share Capital and Voting Rights

    Aradel Holdings to list shares on NGX Main Board October 14

    ARADEL Holdings increases stake in ND Western to 81.67%

    Sunny Anene raises his stake in United Capital Plc

    JUST IN: Femi Otedola Exits Geregu Power in $750 Million Deal

    Nike climbs 5% after Apple CEO buys $3M of shares

    Nike climbs 5% after Apple CEO buys $3M of shares

    Presco Plc Acquires 10,000 Hectares in Cross River State for Palm Oil Expansion

    Presco Plc Acquires 10,000 Hectares in Cross River State for Palm Oil Expansion

    Lasaco Assurance Plc announces delay in share reconstruction

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    Again DMO offers N360 billion FGN bond for February

    FGN Opens Subscription for December 2025 Savings Bonds at 13.538% and 14.538%

    Fidson Healthcare Announces N21 Billion Rights Issue to Boost Capital Base

    Fidson Healthcare Announces N21 Billion Rights Issue to Boost Capital Base

    Silver and other Precious Metals Surges amid Economic concerns

    Silver and other Precious Metals Surges amid Economic concerns

    MTN Nigeria to pay over N200 billion final dividend for 2022

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    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

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    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

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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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