Saturday 19 March 2016

Dangote Sponsors Nigerians To Understudy Refinery Operations in India

Aliko Dangote, President of Dangote Group and Africa’s richest man, is sending about 800 Nigerians to India, to learn the operations of a petrochemical refinery.
The the first batch to be trained will leave for India on Sunday, March 20, 2016.

The 800 Nigerians will reportedly 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 world.

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.

Dangote is looking to creating employment within the Nigerian economy, rather than importing expatriates to run the first private refinery in Nigeria.

The refinery, projected to worth $9 billion, is being built to have a refining capacity of about 500,000 to 650,000 barrels per day.

“After 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.

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