Nigerian Billionaire, Aliko Dangote backtracks on plans to construct oil refinery plant in Tanzania

Author: tanzaniatimes.netPublished on: May 10, 2026Country: Tanzania

PoliticsBusiness & Economy

Nigerian Billionaire, Aliko Dangote backtracks on plans to construct oil refinery plant in Tanzania

Nigerian billionaire Aliko Dangote has backtracked on plans to build an oil refinery in Tanga, Tanzania, opting instead for Kenya. At the Africa Forward Summit in Nairobi, he discussed his intentions with the Presidents of Kenya and Uganda regarding a refinery similar to the one in Lagos. Despite previous discussions, Kenyan President William Ruto faced questions about the announcement of the refinery in Tanga without prior knowledge of Tanzanian authorities.

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