The President of Dangote Industries Limited (DIL), Alhaji Aliko Dangote, has disclosed that DIL will be generating $7 million, (N11bn) daily as revenue from the export of fertiliser from Dangote Industries Limited in the next two years.

This is coming just as the Nigerian Ports Authority (NPA) is partnering Dangote Industries Limited to expand the nation’s export operations.

Similarly, the NPA revealed that 57 vessels belonging to Dangote Refineries were treated monthly under the naira-for-crude initiative since October 2024 when the programme started.

Speaking on Monday, during a courtesy call to the NPA headquarters in Lagos, President of DIL, Aliko Dangote explained that as the biggest customer to the NPA, it is important that the interaction between NPA and DIL is sustained.

The richest man in Africa said, “We are here to thank the NPA for doing a great job, because as we speak today, we are the biggest or largest customer of NPA.

“I think this kind of interaction between us and them is very, very important for the growth of the industry. So, we discussed quite a lot of issues. We also discussed issues of how to deepen the marine and blue economy of the nation. And we have agreed to actually work together for the benefit of Nigeria.

“The size of our own operation at Lekki alone is going to be almost 240 ships of crude, with each ship carrying one million cf crude. And then we’ll have products which will now amount to over 600 ships in a year.

“Then we also have our fertiliser operation, which will be loading almost eight ships. This is an operation that has never, ever been seen in the country. So, it’s a major challenge. But with the leadership of the NPA, we are very, very comfortable that they’ll be able to deliver.

“Our operations will sink if NPA doesn’t give us the services we will be needing. So, the NPA will be needing a lot of support from the federal government because they won’t be able to do these things with their own physical hands. They need equipment. They need more tug boats.

“We will also be putting in some few words in the necessary quarters to make sure that NPA gets all the necessary assistance from the federal government.”

In the area of export, Aliko Dangote explained that efforts are on to expand export products outside Nigeria.

“In the next couple of weeks, we will start exporting coal out of Nigeria. Our fertiliser export will be almost like eight cargos. The refinery operations will not export less than 25 million tons of various products. We will also be exporting almost 600,000 to 700,000 metric tons of polypropylene. So when you are talking about export, we are going to be very big.

“In the next two years, we will be exporting about 16,000 tons of fertiliser. When you talk about 16,000 tons of fertiliser, it’s actually about $6.5 million to $7 million revenue that will be coming into the country on a daily basis.

“With our export programme, our company will be the major supplier of foreign exchange earnings in Nigeria. So the operations of Nigerian ports will definitely double in the next one to two years.”

The NPA Managing Director/CEO, Abubakar Dantsoho, explained that Aliko Dangote was at the authority to show appreciation for the dividends of the Naira-for-Crude sale policy of the federal government.

In the words of the NPA MD, “Alhaji Aliko Dangote is here to show appreciation, especially regarding the establishment of the One Stop Shop policy on Naira-for-Crude deal, which is being coordinated by the Nigerian Ports Authority.

“He’s here to appreciate that the initiative has contributed immensely to achieving a lot of efficiency in the area of transactions and operations between Nigerian government agencies.

“This is something that started on the 1st of October last year, 2024, and so far, we have treated or operated over 57 vessels every month.

“The projected volume that Dangote was looking at per annum was 600 vessels. If you do 56, 57 vessels into 12 months, you will see that we are already doing bigger than what they projected. We will continue to do our best with support from the government.

“If all agencies of government can collaborate and be on the same dashboard, then efficiencies in other sectors of the economy will also be witnessed.

“We’re happy that the government has approved the National Single Window. We’re also happy that as of today, we are 95 per cent ready for the Port Community System.”