I Will Soon Start Earning Revenue That Is Higher Than Ghana’s GDP From All My Companies — Dangote
Aliko Dangote the Chairman of Dangote Group has said that his plans is to shore up his total revenue above the size of Ghana’s GDP by the time his factories begin to work in full capacity.
May 12, 2023
Aliko Dangote the Chairman of Dangote Group has said that his plans is to shore up his total revenue above the size of Ghana’s GDP by the time his factories begin to work in full capacity.
Dangote made the disclosure while narrating the difficulties he has faced in the last four years when he was building his 360,0000 barrels per day refinery in Lagos.
Dangote is launching the refinery which is the largest single train refinery on May 22 this year which Nigeria relies on to curb billions of dollars spent on the importation and swap of petroleum products.
Dangote said, “We knew what we were targeting and our target is by the time we finish all these and we get to our own capacity, we will move our total group revenue from $5bn to $27bn which is equivalent to Ghana’s GDP.
“A lot of people just talk about our refinery but don’t know what we went through. First of all, to make the land suitable because of climate change, we had to raise the land by 1.5 metres but then when you talk about land is it just land no? Our land is 7 times that of Victoria Island (VI)