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Originally published by Capital Business
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business
July 10, 2026
1h ago

Lamu’s oil refinery to create 60,000 jobs, President Ruto promises

Lamu’s oil refinery to create 60,000 jobs, President Ruto promises

The head of state, who spoke during the NYOTA Tranche II disbursement, linked the proposed refinery to the government's broader industrialization agenda, arguing that large-scale infrastructure projects will play a critical role in creating jobs and attracting long-term investmen..

✨ Key Highlights

President William Ruto has announced that a new oil refinery planned for Lamu, developed with Nigerian billionaire Aliko Dangote, is expected to generate at least 60,000 jobs and establish Kenya as a regional energy hub.

  • The project is projected to create approximately 60,000 jobs.
  • Key players include President William Ruto and Aliko Dangote of the Dangote Group.
  • The refinery, estimated to cost Sh2.2 trillion, will be the largest in East Africa, processing up to 700,000 barrels of crude oil daily.

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