Dangote: Court Battle Won’t Stop $16bn Kenya Refinery

Dangote: Court Battle Won’t Stop $16bn Kenya Refinery

Africa’s richest man, Aliko Dangote, has said his group is prepared to face legal challenges surrounding its planned $16 billion refinery in Lamu, Kenya.

Dangote made the remarks during a fireside chat with investors at the Nairobi Securities Exchange as opposition to the refinery project moved to court.

The dispute centres on land earmarked for the proposed 700,000-barrel-per-day refinery. A Kenyan court has ordered parties to maintain the existing status quo on parts of the disputed land until a hearing scheduled for October 14.

The case was brought by 133 residents of Chandavai in Lamu County, who claim the land is part of their ancestral heritage and has been occupied and cultivated by their families for generations.

Despite the legal challenge, Dangote said the development would not deter the group from pursuing the project.

“Anyone who wants to cause trouble, we are ready for them,” he said, recalling a previous legal dispute involving one of his businesses in Senegal.

The Dangote Group also clarified that the court order had not stopped the planned groundbreaking ceremony, although activities on the affected portions of the site could be restricted pending the October 14 hearing.

The proposed refinery is expected to process 700,000 barrels of crude oil per day and supply petrol, diesel and jet fuel to Kenya and other countries across East Africa.

Dangote has estimated the project will cost between $15 billion and $16 billion, with completion targeted for 2030. The facility is expected to process crude from Kenya’s Turkana oilfields alongside supplies from other parts of Africa.

The Lamu project is part of Dangote Group’s broader expansion across Africa and is modelled on the company’s refinery in Lagos, Nigeria.

Filed under: news

Share this article

Keep Reading

More stories you might find interesting

Nigeria Confirms Ebola Case in Abuja as Health Authorities Trace 44 Contacts
health

Nigeria Confirms Ebola Case in Abuja as Health Authorities Trace 44 Contacts

Nigeria has confirmed an imported case of Ebola virus disease in the Federal Capital Territory, Abuja, after laboratory tests returned positive for a woman who recently travelled from Uganda, prompting health authorities to begin tracing people who may have been exposed to the infection. The Coordinating Minister of Health and Social Welfare, Professor Muhammad Ali Pate, confirmed the case on Tuesday, 20 October, stating that the patient had been isolated and was receiving medical care at a private hospital in Abuja. According to the minister, health officials have identified 44 contacts and commenced efforts to determine whether anyone else may have been exposed to the virus.

The Eyes Of Ghana: How A Viral Streamer And A Former U.S. President Are Saving A Piece Of African History
news

The Eyes Of Ghana: How A Viral Streamer And A Former U.S. President Are Saving A Piece Of African History

A 93-year-old Ghanaian cameraman spent decades filming the birth of African independence, then watched more than 1,300 reels of that history disappear into hiding in London. Now, with his eyesight failing, he's racing to bring it home. iShowSpeed and Barack and Michelle Obama are backing the effort to make sure he gets there in time. "The Eyes of Ghana" hits theaters for one night only on October 28.

INEC Appointments: Tinubu Seeks Swift Senate Confirmation of Six Nominees
politics

INEC Appointments: Tinubu Seeks Swift Senate Confirmation of Six Nominees

President Bola Ahmed Tinubu has asked the Senate to expedite the confirmation of six nominees for positions at the Independent National Electoral Commission (INEC), as preparations for the 2027 general elections continue. The nominations were announced on Friday, 16 October, in a statement issued by Bayo Onanuga, the President's Special Adviser on Information and Strategy. The appointments are intended to fill vacancies arising from the expiration of the tenures of serving electoral officials.

Comments (0)

Leave a Comment

0/1000
Loading comments...

Dangote: Court Battle Won’t Stop $16bn Kenya Refinery

Dangote: Court Battle Won’t Stop $16bn Kenya Refinery

Africa’s richest man, Aliko Dangote, has said his group is prepared to face legal challenges surrounding its planned $16 billion refinery in Lamu, Kenya.

Dangote made the remarks during a fireside chat with investors at the Nairobi Securities Exchange as opposition to the refinery project moved to court.

The dispute centres on land earmarked for the proposed 700,000-barrel-per-day refinery. A Kenyan court has ordered parties to maintain the existing status quo on parts of the disputed land until a hearing scheduled for October 14.

The case was brought by 133 residents of Chandavai in Lamu County, who claim the land is part of their ancestral heritage and has been occupied and cultivated by their families for generations.

Despite the legal challenge, Dangote said the development would not deter the group from pursuing the project.

“Anyone who wants to cause trouble, we are ready for them,” he said, recalling a previous legal dispute involving one of his businesses in Senegal.

The Dangote Group also clarified that the court order had not stopped the planned groundbreaking ceremony, although activities on the affected portions of the site could be restricted pending the October 14 hearing.

The proposed refinery is expected to process 700,000 barrels of crude oil per day and supply petrol, diesel and jet fuel to Kenya and other countries across East Africa.

Dangote has estimated the project will cost between $15 billion and $16 billion, with completion targeted for 2030. The facility is expected to process crude from Kenya’s Turkana oilfields alongside supplies from other parts of Africa.

The Lamu project is part of Dangote Group’s broader expansion across Africa and is modelled on the company’s refinery in Lagos, Nigeria.

Filed under: news

Share this article

Comments (0)

Leave a Comment

0/1000
Loading comments...