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Showing posts from April, 2013

Dangote Set to Build Refinery in Nigeria

Africa’s richest man, Alhaji Aliko Dangote, plans to invest up to $8bn to build a Nigerian oil refinery with a capacity of around 400,000 barrels a day by late 2016, the tycoon told  Reuters  on Tuesday. This will almost double Nigeria’s current refining capacity. “This will really help not only Nigeria but sub-Saharan Africa. There has not been a new refinery for a long time in sub-Saharan Africa,” Dangote said in a telephone interview. The country currently has the capacity to produce some 445,000 barrels per day among four refineries, but they operate well below that owing to decades of mismanagement and corruption in Africa’s leading energy producer. Nigeria, the continent’s second-biggest economy, relies on subsidised imports for 80 per cent of its fuel needs. A surge in domestic capacity would be welcomed by investors in Nigeria, but it would cut into profits made by European refiners and oil traders who would lose part of that lucrative market. Dangote said the

leventis career opportunities

Leventis Motors (a member of A.G. Leventis Nigeria Pic) is expanding its operations in Nigeria and the need to strengthen our human capital base, sustain competitive advantage and enhance productivity has created exciting career opportunities for result driven, brilliant and enthusiastic professionals of high integrity to join the company. General Manager (Applications Assembly Business) Job Type Full Time Min Qualification BA/BSc/HND Location Lagos Job Field Engineering Key principal accountabilities of the position include:   Develop, establish contracts and manage sales channels - Dealers / Agents  Managing production facility - Manufacturing controls & processes  Financial planning, Costing, pricing of products & execution  Sales & Marketing of engineering products (Competition Mapping - Products & Channels)  Business Projections & Reporting  Qualification and Requirement   The right candidate will possess a good degree in Engineering from a reputabl