BREAKING: Dangote Renames Refinery Road After Herbert Wigwe [Video]

Eko Hot Blog reports that the chairman of Dangote business group, Aliko Dangote has renamed the road leading to his Lagos refinery after the late Chief Executive Officer of Access Holdings, Herbert Wigwe.

The businessman and Africa’s richest man said he took the action to keep the legacy of Wigwe.

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The tearful Aliko Dangote described Herbert as his friend, mentee, and brother.

Late Herbert Wigwe

Recall that Wigwe died in February 2024, in a helicopter crash in the United States of America.

Meanwhile, Dangote Refinery has ramped up its stock of imported crude oil from the United States as a second shipment of US light sweet crude oil was headed to Nigeria on Friday for delivery to the refinery, according to a trader and ship tracking data.

This is coming as indications emerged at the weekend that Nigeria’s efforts to raise crude oil production continued to yield results during the February circle, with output for the month rising by approximately 60,000bpd during the month.

Reuters reported that the vessel, Otis, which loaded about 850,000 barrels of WTI Midland in Houston last week, was signaling Lekki in Nigeria as its destination, according to Kpler and LSEG ship tracking.

It was estimated to reach the country around mid-March.

The vessel was chartered by Vitol, according to data sources and a trader.

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The first shipment of two million barrels of US crude on the very large crude carrier, Gem No. 1, also chartered by Vitol, was nearing Nigeria and is expected to discharge next week.

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The refinery, Africa’s largest with a nameplate capacity of 650,000 barrels per day, was built on a peninsula on the outskirts of the commercial capital, Lagos, by the continent’s richest man, Aliko Dangote.

The refinery began buying crude in December last year and The Nigerian National Petroleum Corporation Ltd (NNPCL) has been the main supplier.

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