Dangote’s $17Bn Refinery to Create 300,000 Jobs

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.

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Aliko Dangote, President and Chief Executive of Nigeria's Dangote Group speaks during the final session of the World Economic Forum on Africa meeting in Cape Town June 6, 2008. REUTERS/Mike Hutchings (SOUTH AFRICA)

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.

“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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Daniel Enisan is a content writer at edliner.com. With a degree in mass communication, Daniel is a full breed journalist. Daniel is a realist, loves the use of sarcasm, a movie and music junkie. He is also a poet and a good listener.

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