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Saturday 19 March 2016

» Dangote Group Sponsors 800 Nigerians To Understudy Refinery Operations In India «

President of Dangote Group and Africa’s richest man, is
sending about 800 Nigerians to India, to learn the
operations of a petrochemical refinery.
A source in the multi-billion naira company, Dangote
Group, has exclusively 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 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.
“About 800 will be trained in batches within 24 months.
The first batch of 50 is leaving for India on Sunday,” the
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.
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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