Financial Energy Review
The management of Dangote Refinery and Petrochemicals has disclosed that the 650,000 barrels per day project will create jobs for not less than 250,000 Nigerians when completed and fully operational next year.
Group Executive Director, Strategy and Capital Projects, Dangote Industries Limited, Mr. Devakumar Edwin, told reporters at the site that the company’s Refinery has potential to turn around Nigeria’s economy with the employment of thousands of Nigerians for direct and indirect jobs.
He said the huge unemployment rate of Nigerian youths and the need to make the country self-reliant in fuel consumption and attract much needed foreign exchange through export of the products were reasons that motivated the President of Dangote Group, Aliko Dangote to venture into manufacturing.
The Dangote Group boss said he was very optimistic that the refinery will be a game changer for Nigeria and the rest of Africa.
According to him, the Dangote Industries Limited has succeeded in substantially reducing the high rate of unemployment in the country, with the conglomerate already recruiting youths from its various agricultural scheme and also into its other subsidiaries. Dangote Industries Limited is the highest employer of labour outside the federal government.
In the same vein, Edwin also assured that, other things being equal, Dangote Fertilizer plant’s products will hit the market this month.
