Dangote Group Achieves Energy Independence with 1,540 MW Power Generation

The President and Chief Executive Officer of Dangote Group, Aliko Dangote, stated that the group generates up to 1,540 megawatts of power to support its manufacturing operations across all subsidiaries.

Dangote made this disclosure on Thursday during a fireside chat with the Prime Minister of Grenada, where he was a Special Guest.

Dangote emphasized that his investment in power generation aims to achieve energy sufficiency and independence, mitigating the challenges posed by Nigeria’s insufficient and unreliable power supply.

He explained that this strategic decision was advised by business experts just as he transitioned from exclusive trade to manufacturing.

“The second issue has to do with electricity. And the only way we thought to address that was to decide that for all our businesses, we would generate our own power. And that’s why today if you look at it as a group, we are generating our own power, self-consumed power, 1,540 megawatts,” he said.

Dangote Group’s power generation capacity of 1,540 megawatts is 30 times greater than the total power generation of Grenada, an island country in the Caribbean.

The Prime Minister of Grenada, Dickon Mitchell, expressed his admiration for Dangote Group’s power generation capability, noting that Grenada generates only 50 megawatts.

“The total amount of power being generated by Grenada is 50 megawatts,” Mitchell stated. “So, your businesses generate more power than the entire island,” he added, visibly amazed.

Many large manufacturing companies in Nigeria have long shifted away from reliance on the national grid due to frequent collapses and inadequate power supply.

A significant challenge for Nigeria’s manufacturing sector is the high cost of energy, driven by inadequate and unreliable supply from the national grid. Industry experts note that many companies are now self-generating power through diverse energy mixes. According to the Manufacturers Association of Nigeria, manufacturers in Nigeria spent N238.31 billion on alternative energy sources in the first half of 2024.