Aliko Dangote, President and Chairman of the Dangote Group, has announced plans to make his company the world’s largest fertiliser producer by 2028, as the conglomerate significantly expands its investment in agricultural inputs.
Dangote disclosed this on Thursday while speaking at the Imo Economic Summit, where he said the group plans to increase its urea fertiliser production from the current 3 million metric tonnes to 12 million metric tonnes within the next three years.
According to him, the investment is part of a broader strategy to strengthen food security, support agriculture, and reduce Africa’s dependence on imported fertiliser.
“We are investors, and I can tell you that in the next three years, the programme that we have in the group shows that we are investing heavily in fertiliser,” Dangote said.
The Dangote Fertiliser Plant, located in the Lekki Free Trade Zone, Lagos, is already Africa’s largest urea fertiliser plant and one of the biggest single-train facilities globally. The plant uses Nigeria’s vast natural gas resources as feedstock and supplies fertiliser to local farmers while exporting to regional and international markets.
Experts say the planned expansion will help stabilise fertiliser supply, lower costs for farmers, boost crop yields, and generate foreign exchange earnings for Nigeria through exports. It is also expected to create more jobs across the value chain, from gas processing to logistics and agriculture.
Dangote noted that large-scale industrial investments in fertiliser production are critical as Nigeria and other African countries seek long-term solutions to rising food prices, population growth, and global supply disruptions.
If completed as planned, the expansion would place Dangote Industries Limited at the top of global fertiliser producers by 2028, further strengthening Nigeria’s position in the global agricultural input market.