Page 22 - Devakumar Edwin News Today : Breaking News, Live Updates & Top Stories | Vimarsana

2 Min Read ABUJA (Reuters) - 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 executive told Reuters on Friday. FILE PHOTO: 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 Devakumar Edwin, group executive director, said the firms from Western and Middle East countries and involved in trading and crude production were looking to secure crude supply agr...

The Nigerian National Petroleum Corporation (NNPC) says it has initiated talks with the Dangote Group about purchasing a 20 percent minority equity stake in its 650,000 barrels per day (bpd) refinery.

…Tasks W/African Leaders On Youth Unemployment (AFRICAN EXAMINER) – West African Student’s Union (WASU) has commended the aggressive employment generation drive of the Aliko Dangote led companies, urging other wealthy West African leaders to invest in industries that will rid the region of high unemployment rate. President of WASU, Comrade Romans Pillah in a press briefing, held in Abuja on Thursday, described Aliko Dangote as God-sent, to the African continent and lauded him for employing more than 200,000 Youths in his companies. “As students, we are mostly scared of our future beca...

Naija247news is an investigative news platform that tracks news on Nigerian Economy, Business, Politics, Financial and Africa and Global Economy. L-R: Group Chief Branding & Communications Officer, Dangote Industries Limited, Anthony Chiejina; Group Executive Director, Strategy, Capital Projects & Portfolio Development, ‎Dangote Industries Limited, Devakumar Edwin receiving an award of “The Most Outstanding Company in Africa” from Diplomatic President, West African Student’s Union (WASU), Comrade Romans Pillah during the West African Student’s Union (WASU) visit to ...

Share The Dangote refinery is an ambitious project. It has been seen as the answer to the many questions around Nigeria’s oil and gas sector. The woes of the sector will disappear once the project becomes operational, the government thinks. But, really, will this massive project solve all of Nigeria’s energy woes? Deep-seated problem Nigeria’s energy woes are well documented. The oil and gas sector, especially the downstream sector, is beset with deep-seated corruption and nepotism, making the sector largely inefficient and sub-optimally harnessed. One of the most significant issues in...