Business
Dangote Refinery To Employ 8,000 Engineers
The President of Dangote Group of companies, Aliko Dangote, says about 8,000 engineers would be needed for the smooth take-off of the $9billion Dangote Refinery/Fertiliser plant in Ondo State.
Dangote told State House correspondents last Wednesday in Abuja that the project, when completed, would provide direct and indirect jobs for 85,000 Nigerians.
He said the group had secured a $3.3 billion credit facility from a consortium of banks for the project.
According to him, importation of petroleum products will end by 2016 as the plant will commence production in the next three years.
He said his plan was to make the country self-reliant in petrochemical and petroleum products, as well as make it an industrial giant.
“Now, Nigeria is going to be taken out of the list of countries that import petroleum products. We will produce 20 million metric tonnes which is equivalent to what Nigeria consumes currently.
“Today, we did the signing ceremony, the Vice-President came to witness the signing but we insisted on coming to thank Mr president for his policies.
“Without good government policies, there is no way the private sector can invest in Nigeria, because we are not Father Christmas at all. The policies have to be right,’’ he said.
According to Dangote, Nigeria currently spends about 30 billion dollars annually on importation of petroleum products.
He said the complex planned by his group would make Nigeria a net exporter of petroleum products, including diesel and aviation fuel, as well as poly-propylene and fertiliser.
Business
Kenyan Runners Dominate Berlin Marathons
Kenya made it a clean sweep at the Berlin Marathon with Sabastian Sawe winning the men’s race and Rosemary Wanjiru triumphing in the women’s.
Sawe finished in two hours, two minutes and 16 seconds to make it three wins in his first three marathons.
The 30-year-old, who was victorious at this year’s London Marathon, set a sizzling pace as he left the field behind and ran much of the race surrounded only by his pacesetters.
Japan’s Akasaki Akira came second after a powerful latter half of the race, finishing almost four minutes behind Sawe, while Ethiopia’s Chimdessa Debele followed in third.
“I did my best and I am happy for this performance,” said Sawe.
“I am so happy for this year. I felt well but you cannot change the weather. Next year will be better.”
Sawe had Kelvin Kiptum’s 2023 world record of 2:00:35 in his sights when he reached halfway in 1:00:12, but faded towards the end.
In the women’s race, Wanjiru sped away from the lead pack after 25 kilometers before finishing in 2:21:05.
Ethiopia’s Dera Dida followed three seconds behind Wanjiru, with Azmera Gebru, also of Ethiopia, coming third in 2:21:29.
Wanjiru’s time was 12 minutes slower than compatriot Ruth Chepng’etich’s world record of 2:09:56, which she set in Chicago in 2024.
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