235,000 Jobs Creations By Dangote Refinery, Others

The refinery and fertiliser projects of Dangote Industries Limited is expected to create a minimum of 235,000 new jobs both direct and indirect, when it becomes operational in the first quarter of 2019.

President of Dangote Group, Aliko Dangote who revealed this also stated that the projects will cost a minimum of $17billion.

Meanwhile, Vice-President Yemi Osinbajo has assured the Management of Dangote Industries Limited (DIL) of the support of the Federal Government towards the completion of the projects.

Osinbajo who spoke after the inspection of the projects last weekend, said: “Supporting what you are doing here is not a favour. It is not a favour that would be done to Dangote Group, but is an important part of our building up of the Nigerian economy. 

As a matter of fact, it is a crucial part of building the Nigerian economy. When people say somebody is building something, they are doing a refinery at Lekki, your concept of that, they way you visualise that, is a structure somewhere. May be a couple of warehouses or two. That’s how you visualise it.

 “And certainly, you don’t think they deserve all the noise and attention and certainly not the money they might have access to. 

But when you come to a place like this, you fully understand that this is not just only about building a refinery, it is about building an industrial hub, a modern industrial hub. That is an enormous undertaking. It’s a great thing that is being done here. And frankly, I think that we ought to give this place far more attention both as Federal Government and state government.”

He assured that the Federal Government will do all within its powers to assist and encourage Dangote to realise his dream of building the biggest refinery and fertilizser companies in the world.

The vice-president said “I am really excited and have been thoroughly educated today. I have always been interested in what the Dangote Group has been doing but I must say that I am much more committed to be a supporter of what you are doing here, and to see to it that in whatever way, shape or form we are able to contribute to this. I was telling the President yesterday afternoon that we would be coming here today, he said “yes, yes, yes, we need to encourage him. We need to encourage him.” I am sure he also felt like look, there’s a need to do something.”

Earlier Dangote told the Vice-President that the $12 billion refinery would have a capacity of 650,000 barrels a day. He assured that there will be market for the refined products because even in Africa, only three countries have functional refineries with others importing from abroad.

The Nation