Aliko Dangote, Africa’s wealthiest person, has doubled his fortune to $23.8 billion after completing the largest petroleum refinery in Africa. The Dangote Refinery, located in Nigeria, began operating last year and has already started impacting global energy markets.

Dangote’s refinery is a game-changer for Nigeria, which has long relied on imported petroleum products. The refinery has reduced Nigeria’s dependence on foreign fuel imports and has even made the country a net exporter of jet fuel, naphtha, and fuel oil.

However, the refinery’s success has not been without challenges. Dangote faced numerous setbacks, including disputes with local officials, delays due to COVID-19, and cost overruns that nearly doubled the initial investment. The total cost of the refinery stands at $23 billion, making it one of the most expensive projects in African history.

Despite these challenges, Dangote remains optimistic about the refinery’s future. He plans to take the refinery public in the next year or two and is exploring new projects, including a subsea pipeline to transport natural gas from the Niger Delta to Lagos.

Dangote’s success has not only boosted his own fortune but has also made him a hero in Nigeria. His refinery has created jobs, stimulated economic growth, and provided a blueprint for industrialization across Africa.

Many Nigerians and Africans are looking up to the success of the refinery while he makes smiling faces to the bank.