Business A.M
No Result
View All Result
Monday, February 23, 2026
  • Login
  • Home
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • About Us
  • Contact Us
Subscribe
Business A.M
  • Home
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • About Us
  • Contact Us
No Result
View All Result
Business A.M
No Result
View All Result
Home Company & Business

Dangote taps former Oman Refinery CEO David Bird to lead Petrochemicals arm 

by Onome Amuge
August 2, 2025
in Company & Business, Energy
Dangote taps former Oman Refinery CEO David Bird to lead Petrochemicals arm 

Onome Amuge

The Dangote Group has appointed David Bird, the former chief executive of Oman’s Duqm refinery, as the new chief executive of its petroleum and petrochemicals division. The strategic hire is seen as a decisive move by the Nigerian conglomerate to address operational challenges at its flagship refinery and propel its ambitious next phase of growth, including a push into continental African and global markets.

Bird officially assumed his role in July 2025, taking charge of Dangote’s fuels and petrochemicals business, which last year launched the world’s largest single-train refinery in Lagos. Aliko Dangote, the founder of the multi-sector conglomerate spanning cement, fertilizer, and sugar, retains his position as chairman of the refining arm and CEO of the overall group.

Bird’s appointment is widely interpreted as a strategic leverage of his extensive experience at OQ8, where he notably oversaw the Duqm refinery’s expansion and diversification of crude feedstock just prior to its 2023 test runs, as reported by S&P Global.

In written comments to Platts, part of S&P Global Commodity Insights, Bird outlined his immediate priorities at Dangote. He stated that his primary focus would be on advancing the group’s footprint beyond the Nigerian domestic market and extending its reach across the African continent. On LinkedIn, he further elaborated that his role involves ensuring maximum output and efficiency for the refinery while positioning the group as a global leader in the refining sector.

This leadership change comes at a critical juncture for the 650,000 barrels-per-day (b/d) Lagos refinery, which has encountered several operational setbacks and design issues that have hindered its much-anticipated ramp-up since its commissioning in January 2024. The business has also publicly cited an unfriendly regulatory environment as an impediment to its smooth operations.

Despite these initial hurdles, the refinery has already made a considerable impact on Nigeria’s energy market, notably by significantly slashing gasoline imports. However, Dangote has previously voiced strong criticisms of what he termed “rent-seeking” trade practices and the influx of low-quality fuel imports, both of which he contends have strained the plant’s progress and contributed to the operational complexities.

In an earlier interview with Platts, Bird had championed a strategic approach centered on strong trading performance, high plant utilisation, and flexible feedstock options. This aligns seamlessly with Dangote’s recent pivot to refining a broader mix of crude oils, a necessary adjustment given that supplies of the specific Nigerian-grade crude initially intended for the plant have become limited.

Despite its fast-rising global ambitions, the refinery remains bound by a naira-based agreement that requires it to supply a fixed volume of petroleum products to the domestic Nigerian market. This obligation is part of a broader arrangement with the Nigerian National Petroleum Company (NNPC), which holds a 7.2 per cent stake in the mega-project.

Onome Amuge

Onome Amuge serves as online editor of Business A.M, bringing over a decade of journalism experience as a content writer and business news reporter specialising in analytical and engaging reporting. You can reach him via Facebook and X

Previous Post

NCSP, BORBDA partner to tackle food security, livestock feed challenges through strategic Nigeria-China collaboration

Next Post

Cocoa slips as supply outlook eases market tightness

Next Post
Cocoa rallies on Ivory Coast supply concerns

Cocoa slips as supply outlook eases market tightness

  • Trending
  • Comments
  • Latest
Igbobi alumni raise over N1bn in one week as private capital fills education gap

Igbobi alumni raise over N1bn in one week as private capital fills education gap

February 11, 2026
NGX taps tech advancements to drive N4.63tr capital growth in H1

Insurance-fuelled rally pushes NGX to record high

August 8, 2025

Reps summon Ameachi, others over railway contracts, $500m China loan

July 29, 2025

CBN to issue N1.5bn loan for youth led agric expansion in Plateau

July 29, 2025

6 MLB teams that could use upgrades at the trade deadline

Top NFL Draft picks react to their Madden NFL 16 ratings

Paul Pierce said there was ‘no way’ he could play for Lakers

Arian Foster agrees to buy books for a fan after he asked on Twitter

Munich Conference, Trump and Africa’s security

Munich Conference, Trump and Africa’s security

February 23, 2026
Africa’s rising consumer market: A flight path for regional air travel

Digital transformation maturity and future of aviation in Africa

February 23, 2026
Ports as power: Nigeria’s economic lifelines under transformation

Ports as power: Nigeria’s economic lifelines under transformation

February 23, 2026
Understanding how real estate investment trusts (REITs) operate

Optimizing real estate asset finance and taxation

February 23, 2026

Popular News

  • Igbobi alumni raise over N1bn in one week as private capital fills education gap

    Igbobi alumni raise over N1bn in one week as private capital fills education gap

    0 shares
    Share 0 Tweet 0
  • Insurance-fuelled rally pushes NGX to record high

    0 shares
    Share 0 Tweet 0
  • Reps summon Ameachi, others over railway contracts, $500m China loan

    0 shares
    Share 0 Tweet 0
  • CBN to issue N1.5bn loan for youth led agric expansion in Plateau

    0 shares
    Share 0 Tweet 0
  • Glo, Dangote, Airtel, 7 others prequalified to bid for 9Mobile acquisition

    0 shares
    Share 0 Tweet 0
Currently Playing

CNN on Nigeria Aviation

CNN on Nigeria Aviation

Business AM TV

Edeme Kelikume Interview With Business AM TV

Business AM TV

Business A M 2021 Mutual Funds Outlook And Award Promo Video

Business AM TV

Recent News

Africa’s rising consumer market: A flight path for regional air travel

Digital transformation maturity and future of aviation in Africa

February 23, 2026
Ports as power: Nigeria’s economic lifelines under transformation

Ports as power: Nigeria’s economic lifelines under transformation

February 23, 2026

Categories

  • Frontpage
  • Analyst Insight
  • Business AM TV
  • Comments
  • Commodities
  • Finance
  • Markets
  • Technology
  • The Business Traveller & Hospitality
  • World Business & Economy

Site Navigation

  • Home
  • About Us
  • Contact Us
  • Privacy & Policy
Business A.M

BusinessAMLive (businessamlive.com) is a leading online business news and information platform focused on providing timely, insightful and comprehensive coverage of economic, financial, and business developments in Nigeria, Africa and around the world.

© 2026 Business A.M

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • About Us
  • Contact Us

© 2026 Business A.M