GOOD ONE! Dangote’s $17bn Refinery To Provide 300,000 Jobs – Read Juicy Details

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CAPE TOWNSOUTH AFRICA, 06MAY11 - Aliko Dangote, President and Chief Executive Officer, Dangote Group, Nigeria, during the African Fellowship Programe with Young Global Leaders announcement at the World Economic Forum on Africa 2011 held in Cape Town, South Africa, 4-6 May 2011.  Copyright (cc-by-sa) © World Economic Forum (www.weforum.org/Photo Matthew Jordaan matthew.jordaan@inl.co.za
 Aliko Dangote, President and Chief Executive Officer, Dangote Group, Nigeria, during the African Fellowship Programe with Young Global Leaders announcement at the World Economic Forum on Africa 2011 held in Cape Town, South Africa, 4-6 May 2011. Copyright (cc-by-sa) © World Economic Forum (www.weforum.org/Photo Matthew Jordaan matthew.jordaan@inl.co.za

The Dangote Industries Limited 17 billion-dollar refinery project will create over 300,000 direct and indirect jobs by the first quarter of 2019, the Chief Operating Officer, Mr Olakunle Alake, has said.

Alake made the disclosure in an interview with the News Agency of Nigeria (NAN) in Lagos on Monday, adding that the refinery, petrochemicals and fertiliser plants were in one location.

He said the project would be the single largest stream in the world.

“The refinery and fertiliser projects will create job opportunities for the communities and Nigerians when it becomes operational.

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“The refinery will have a refining capacity of about 650,000 barrels of crude a day,’’ he said.

Alake said the project would force down the price of Premium Motor Spirit (petrol) in the country and save money spent on importation.

 

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