Dangote Promises 210,000 Jobs, Refinery, 12,000MW By 2018

Aliko Dangote
Alhaji Aliko Dangote, chairman of the Dangote Group of Companies on Tuesday said the orgabisation would create 210,000 jobs for Nigerians in agriculture beginning from 2016 to 2018 in various capacities. Dangote stated this in Katsina State in a goodwill message at the opening of Katsina Economic and Investment Summit.

“We will create 210,000 jobs between now and 2018, with 80 per cent coming from the agricultural sector. So, we should pay attention to the agricultural sector for investment opportunities, particularly when crude oil is now becoming unreliable,” he said.

He noted that Brazil, which had same similarities with Nigeria, had $350 billion in its foreign reserve, with 80 per cent of the fund coming from agriculture.

Dangote also said that he would establish the largest single refinery with the capacity to produce 650,000 barrels per day and two subsea pipelines of 550 kilometres in Delta, Ogun and Lagos. He also said that he would assist government reduce pipeline vandalism as well as provide 12,000 megawatts of power. He called for the creation of the enabling environment for investors by identifying areas with comparative advantage.


“You don’t need to call for investors, just create enabling environment for the local ones, you will see the foreign ones gate-crashing,” he said.