Dangote to Begin Coal Exports, Targets $7M Daily from Fertiliser Sale

Date: May 22, 2025

Africa's richest man, Aliko Dangote, is set to expand his business empire further by initiating coal exports and ramping up fertilizer production. The Dangote Group announced on Thursday that it aims to generate up to $7 million daily in revenue from fertiliser sales alone.

Coal Exports to Begin

The Dangote Group has completed infrastructure at its coal processing facilities in Kogi and Benue States in Nigeria and is set to begin exporting coal to countries in Europe and Asia. The move is seen as a strategic pivot in response to growing global energy demands and increased investment in African minerals.

Boost to Fertilizer Operations

In addition to coal, Dangote’s fertiliser plant — one of the largest in Africa — has increased its capacity and now targets to produce over 3 million metric tonnes of urea annually. According to officials, strong demand from Brazil, India, and West African nations is helping drive export volumes and revenues.

Economic Impact

Industry experts believe this development could significantly boost Nigeria’s economy by improving non-oil exports, generating jobs, and stabilizing foreign exchange earnings. Analysts estimate the fertiliser facility alone could account for nearly 5% of Nigeria’s total export revenue in 2025.

Government Partnership

The Nigerian government has expressed support for the expansion, noting that it aligns with national goals to diversify the economy. The Minister of Industry and Trade lauded the project as a "model for industrial self-reliance."

Challenges Ahead

Despite the positive outlook, some logistics and energy experts warn that inadequate port infrastructure and rising shipping costs may challenge the profitability of coal exports in the near term.

What’s Next?

Dangote Group representatives confirmed that the company is exploring partnerships with global logistics firms and may consider listing its energy division on the Nigerian Stock Exchange to raise additional capital.

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