The project is being implemented under the National Industrial Cluster Initiative across the 774 Local Government Areas (LGAs) of the country using the Local Content Development Beyond Oil (LCDBO) model.
Counterfeiters are increasingly replicating trusted brands, producing and distributing illicit products outside regulated systems, while smuggling and parallel imports continue to bypass safety checks and taxes.
Dantsoho cited projects including the $20 billion Simandou-Morebaya deep seaport project in Guinea, the $2 billion Port San Pedro project in Côte d’Ivoire, the $1.5 billion Lekki Deep Sea Port in Lagos, and a proposed $600 million investment by APM Terminals in Nigeria.
“Our target really is to get the larger part of the society to buy. Because it is a very good… I think it’s better you buy… you are looking at this now, people don’t know we are going to have 10 percent of the entire America’s production in terms of refining,” the billionaire said.
Alake spoke on Thursday in Abuja at the 2026 NRS-MSMD Joint Stakeholder Sensitization (North Central), themed, “From Resource to Revenue: Aligning Solid Minerals Operations with the 2025 Tax Reform Act.”
The awards category ranges from Market Development, Technology, Safety, and Sustainability.
That’s one of the reasons I sold my stake in Geregu plant to come and invest my proceeds in the IPO of Dangote refinery,” said Otedola
The planned IPO is expected to involve the sale of about 10 percent equity in the refinery through what the Dangote Group has described as a pan-African public offering.
From this group, three outstanding performers will receive mentorship and a ₦10 million seed capital grand prize, with full support to launch a beer distribution business.
First established more than five decades ago, the Inter-Agency Games have grown into one of the largest and longest-standing staff initiatives within the UN family, bringing together around 1,500 participants and supporters from agencies worldwide.
