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Monday, March 21, 2016

Lesson from Nigeria: 800 Nigerians Sponsored by Dangote Group Departs India to Study Refinery Operations (Photos)

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.
 Nigerian Media had reported over the weekend 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, and the first batch to be trained has left for India yesterday, 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 world. “About 800 will be trained in batches within 24 months. The first batch of 50 is leaving for India on Sunday,” a dangote source said.
 
 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.

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