Billionaire Aliko Dangote has described his $23bn Dangote Refinery mission because the “biggest risk” of his age, acknowledging the demanding situations he confronted in bringing the project to fruition.
In an unique interview with Forbes on Monday, Dangote spread out in regards to the dangers all for this sort of large endeavor.
“It was the biggest risk of my life. If this didn’t work, I was dead,” he stated.
Regardless of the refinery’s groundbreaking capability of 650,000 barrels in keeping with date and its situation as Africa’s greatest, Dangote visible that the move to of entirety used to be fraught with uncertainties.
Dangote additionally spoke in regards to the hurdles he confronted in financing the mission, the regulatory demanding situations, and securing providers.
Dangote stated he’s dedicated to offering a blueprint for industrialisation throughout Africa.
“We need to create our personal public by means of ourselves. We need to create our personal continent by means of ourselves, now not [rely on] international funding.
He added that Africa has been “a mere dumping ground for finished products,” and his refinery represents “a pivotal step in ensuring that Africa has the capacity to refine its own crude oil, thereby creating wealth and prosperity for its vast population,” he stated.
Undeterred by means of the demanding situations, Dangote is progressive to safeguard the good fortune of his refinery.
In line with the Forbes file, in spite of initiation a community workplace in Dubai and involving his 3 daughters in diverse roles throughout the community industry, his focal point residue firmly on Nigeria.
He continues to commit a lot of his life to the refinery, steadily assembly with engineers and bosses to supervise journey.
Dangote may be operating on progressive tasks reminiscent of construction a subsea pipeline to move herbal gasoline from the Niger Delta to Lagos and increasing the capability of the refinery’s fertiliser plant.
Taking a look forward, he plans to pull the refinery crowd throughout the nearest date or two.
“I’ve been fighting battles all my life and I have not lost one yet,” he stated.