The Dangote Group has achieved a significant milestone in energy self-sufficiency by generating 1,540 megawatts (MW) of power to support its manufacturing operations across all subsidiaries. 

This strategic move ensures energy independence and business stability, reinforcing the company’s commitment to industrial growth in Nigeria.

Speaking at a fireside chat with the Prime Minister of Grenada, Aliko Dangote, President and CEO of Dangote Group, highlighted that the decision to invest in power generation was driven by the need to overcome Nigeria’s energy challenges and ensure uninterrupted operations.

“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,” Dangote stated.

This achievement not only guarantees stable electricity for the conglomerate but also underscores its role as a leader in industrial self-sufficiency. To put the scale of Dangote Group’s power generation into perspective, it produces 30 times more electricity than Grenada, which generates 50 MW for its entire population.

Grenada’s Prime Minister, Dickon Mitchell, expressed amazement at the company’s energy capacity, emphasizing its impressive scale. “So, your businesses generate more power than the entire island,” he remarked.

In Nigeria, where unreliable power supply has been a major challenge for manufacturers, Dangote Group’s investment in energy security provides a model for industrial resilience. Many manufacturing companies have turned to self-generation to remain competitive, with industry data showing that Nigerian manufacturers spent ₦238.31 billion on alternative energy sources in the first half of 2024 alone.

Despite its potential to generate 10,000 MW daily, Nigeria currently produces about 5,000 MW—far below the demand of its 200 million-strong population. This power gap has posed challenges for industries, but forward-thinking companies like Dangote Group are demonstrating how strategic investment in energy can drive business growth and economic stability.

By securing energy independence, Dangote Group is setting the pace for sustainable industrialization, reinforcing its position as a key driver of economic development in Nigeria and beyond.