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Devakumar Edwin

Dangote Group sets fresh record, inducted into Global Executive Council of PMI

Most capitalised African conglomerate and largest continental private business group of companies, Dangote Group has been inducted into the Global Executive Council of the Project Management Institute (PMI). By the feat, the group has become the first African business organisation…

Dangote’s remark that ‘We would sell products at import price’ a wakeup call—Experts

More development economists have continued to review the meaning of the recent comments by the Group Executive Director, Strategy, Capital Projects and Portfolio Development, Mr Devakumar Edwin, during the first official visit by the new Minister of State for Petroleum…

Dangote refinery may make Lekki highway gridlock unprecedented

…As GED rules out deliveries on pipelines Strong indication has emerged revealing that traffic crisis on Lekki-Epe highway, the only entry and exit road to the corridor may be unbearable as soon as upcoming Dangote Refinery comes on stream. This…

Dangote Refinery trains 200 Ibeju-Lekki youths on skills acquisition

Even though it has not started production, the management of Dangote Petroleum Refinery and Petrochemicals Company has empowered 200 youths from Ibeju-Lekki community in Lagos State with vocational skills. A statement issued revealed that the beneficiaries have undergone various skills…

Sinopec’s world largest atmospheric tower for Dangote refinery arrives next month

In the next one month, Dangote Refinery in Lekki will take delivery of completed furnace-like   equipment that will process crude oil into series of petroleum products from Ningbo, China. According to a Citac analyst, Jeremy Parker, who spoke to Reuters,…

Emulate Dangote’s investment drive—visiting former Ethiopian P’Minister

More African leaders have continued to hail the investment spirit of the president of Dangote Group, Alhaji Aliko Dangote. Latest in the row was the former Ethiopia Prime Minister, Hailemariam Desalegn, who was on a working visit to the emerging…

Development Economist faults Dangote’s claims on refinery product sales

Contrary to the claims of the Group Executive Director, Strategy, Capital Projects and Portfolio Development, Dangote Industries Limited (DIL), Devakumar Edwin, that the high volume of petroleum products from emerging Dangote refinery, located in Lagos, would transform Nigeria from a…

Dangote listed among 158 refineries coming on stream globally from 2019 to 2023

…China leads with $53.2bn capex First class world data and analytics group, GlobalData, has revealed that global investments in crude oil refining facilities will rise exponentially starting from this through 2023 with about 158 mega refineries coming on stream on…

Dangote refinery invests in gas gathering systems to unlock gas supplies

More gains are underway for Nigeria from the emerging Dangote’s 650,000bpd refinery as the company has invested in the East West Offshore Gas Gathering System (EWOGGS) project. Explaining the new line of associated investment, Dangote’s Group Executive Director, Devakumar Edwin,…

Argument flares up on actual delivery time of Dangote refinery, group maintains 2020

The given time for the completion and delivery of emerging 650,000bpd refinery being constructed by Aliko Dangote remains 2020 according to the Executive Director, Dangote Group, Devakumar Edwin, who oversees the project. He told Reuters last month that more than…