The financing troubles of what may soon be Africa’s largest refinery have been taken to global oil big players for assistance. Reuters News Agency reports that Africa’s richest man Aliko Dangote is currently in talks with some of the world’s biggest oil traders to help finance his mega refinery project outside of Nigeria’s commercial centre Read More…
Dangote Refinery is adding 17,000 more jobs to its workforce over the next few months. This was revealed by the President/Chief Executive, Dangote Industries Ltd., Alhaji Aliko Dangote, in a statement signed by the Group Head, Corporate Communications, Dangote Group, Mr Anthony Chiejina, on Sunday in Lagos. According to the statement, the refinery intends to Read More…
WHEN THE HEADLINES caught fire with news that four oil firms including the Nigerian National Petroleum Corporation (NNPC) were planning to acquire a stake in Dangote refinery which goes into operation soon, many tongues started wagging. The interest of international companies is understandable, after all Dangote himself has interests in other countries. But a state-owned Read More…
In picture above: A worker walks past storage tanks at Dangote oil refinery in Ibeju Lekki district, on the outskirts of Lagos, Nigeria August 7, 2019. Picture taken August 7, 2019. REUTERS/Temilade Adelaja Four oil firms including Nigeria’s state-oil company have approached Dangote Industries to acquire a stake in Africa’s largest oil refinery, a senior Read More…