Billionaire business mogul, president of Dangote Group and Africa’s
richest man, has yesterday, sent about 800 Nigerians to India, to learn
the operations of a petrochemical refinery.
of Dangote Group and Africa’s richest man, is sending about 800
Nigerians to India, to learn the operations of a petrochemical refinery.
source in the multi-billion naira company, Dangote Group, confirmed to TheCable on Friday that billionaire business
mogul and Africa’s richest man, Alhaji Aliko Dangote, is sending about
800 Nigerians to India, to learn the operations of a petrochemical
refinery, adding that the first batch to be trained will leave for India
on Sunday, March 20, 2016.
It was learnt that the 800 Nigerians
will travel to the Asian country over the next 24 months in a batch of
fifties, to learn from the nation with the largest refinery in the
India is home to the world’s largest refinery, Jamnagar
Refinery Reliance Industries, Jamnagar, which refines as much as 1.2
million barrels per day.
“About 800 will be trained in batches within 24 months. The first batch of 50 is leaving for India on Sunday,” the source said.
is looking to creating employment within the Nigerian economy, rather
than importing expatriates to run the first private refinery in Nigeria.
refinery, projected to worth $9 billion, is being built to have a
refining capacity of about 500,000 to 650,000 barrels per day.
receiving a private licence to build a refinery, Dangote has commenced
the building of a 650,000 barrel per day (BPD) petroleum refinery, which
will be the single largest in the world.
“The refinery would
have a larger capacity than all of Nigerian National Petroleum
Corporation (NNPC) refineries put together,” the conglomerate said in a
statement more than a year ago.
Dangote, who hosted Godwin
Emefiele, governor of the Central Bank of Nigeria (CBN), at the site of
the refinery in January, assured Nigerians that the refinery would be
ready to meet the nation’s need by 2018.