Aliko Dangote has revealed that the newly opened Dangote Refinery has the Nigerian youth at the focal point of its operations.
He said the refinery currently employs about 33,000 Nigerians and targets 100,000 more when fully operational
Dangote also revealed that the refinery would generate over $21 billion and save Nigeria foreign exchange used for fuel imports
Aliko Dangote, Chairman of the Dangote Group, has disclosed that the newly commissioned Dangote Refinery will make 100,000 jobs available when it becomes fully operational.
The billionaire businessman said the refinery currently employs 33,000 Nigerians.
Africa’s richest man disclosed this at the commissioning of the refinery, which was hailed as the biggest in Africa and the world’s largest single-train facility.
He added that the refinery would generate over $21 billion in revenue and save Nigeria the much-needed foreign exchange which would have been used for fuel imports.
Refinery to sell refined products to Nigeria in naira
The statement suggests that the refinery will sell refined products to Nigeria in the local currency, contrary to speculations that it plans to sell them in dollars.
According to him, 40% of products from the refinery will be available for export, generating raw materials for plastic and others.
At the refinery’s commissioning, members of Nigeria’s National Assembly, eminent persons, and other dignitaries were in attendance.
In their goodwill messages, the Presidents of Ghana, Senegal, Niger, Benin Republic, and Chad expressed satisfaction that the Dangote Refinery would serve the West African region and that their countries would be beneficiaries.
They also said the refinery is an African company for Africa by an African entrepreneur.
Aliko Dangote’s refinery finally opens as he pens a 74-word message to Nigerians in rare social media post
Legit.ng earlier reported that Aliko Dangote’s highly anticipated $19 billion refinery will finally begin operation today, Monday, May 22, 2023.
The Dangote Refinery, located in the Lekki Free Trade Zone of Lagos, is set to be Africa’s largest oil refinery, with a capacity to process 650,000 barrels of crude oil daily.
Punch reports that the refinery has been designed to process crude oil grades from the three continents of Africa, Asia, and America.
