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Senior Goldman Sachs Executives Visit Dangote Industries Limited, Laud World-class Refinery
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THISDAYLIVE
* Dangote targets $100bn annual revenue by 2030*Goldman Sachs hails scale, quality of refinerySunday EhigiatorSenior executives from leading global investment banking and financial services firm, Goldman Sachs have toured the Dangote Industries Limited’s integrated petroleum refinery, petrochemicals and fertiliser complex in Lagos.
The delegation, led by Co-Chief Executive Officer of Goldman Sachs International and Global Co-Head of Investment Banking, Anthony Gutman, visited the Dangote Petroleum Refinery & Petrochemicals, Dangote Fertiliser Limited and supporting infrastructure during a recent visit to Nigeria.
Speaking after an extensive tour of the 700,000 barrels per day refinery, the Goldman Sachs executives remarked, “It is extraordinary what Mr. Dangote and the whole organisation have achieved.
He added that the level of employee participation in the recent private placement of the Dangote Petroleum Refinery reflected strong internal belief in the company’s growth strategy and prospects.
The meeting focused on expanding investment opportunities in Canada and exploring how the Dangote Group, alongside other African investors, could contribute to Canada’s economic growth.