Home Business Dangote urges Nigerians to invest locally amid brain drain of refinery engineers to Qatar
BusinessNews

Dangote urges Nigerians to invest locally amid brain drain of refinery engineers to Qatar

Share
Chairman, Dangote Group, Aliko Dangote
Share

By Chioma Obinagwam

Africa’s wealthiest man, Aliko Dangote, has issued a passionate plea for Nigerians to channel their resources back into the country, highlighting the recent departure of skilled engineers from his flagship Dangote Refinery to lucrative opportunities in Qatar as a stark example of brain drain plaguing the nation.

In a statement released during a business forum in Lagos, Confiance News gathered that Dangote lamented the exodus of approximately 50 Nigerian engineers and technicians who had been instrumental in commissioning and operating the $19 billion refinery in Lekki. These professionals, many trained on-site through Dangote Group’s extensive skills transfer programs, have reportedly accepted high-paying contracts with Qatar’s expanding energy sector, including its massive North Field LNG projects. “These are the very talents we nurtured to build Nigeria’s energy independence,” Dangote said. “Yet, due to economic pressures at home, they are leaving for greener pastures abroad. This cannot continue if we want true development.”

The refinery, which began full operations last year and now processes 650,000 barrels of crude daily, has been hailed as a game-changer, ending decades of fuel imports and stabilizing prices. However, challenges like currency devaluation and inadequate domestic incentives have exacerbated talent flight. Dangote, who invested over $23 billion in the project, attributed the issue to systemic corruption and capital flight. “No nation develops without significant investments,” he emphasized. “I appeal to all wealthy Nigerians to look inward and invest here, in Nigeria, for the future of our unborn kids. Stashing funds abroad benefits no one but foreign banks.”

Experts echo Dangote’s concerns. Prof. Sadiq Abubakar, President of the Council for the Regulation of Engineering in Nigeria, praised the refinery for showcasing local engineering prowess but warned that without better retention strategies, such as competitive salaries and incentives, more professionals will depart. “The Dangote Refinery is proof that Nigerians are no less capable globally,” Abubakar noted. “But we must keep our talents home.”

The call comes amid broader economic reforms under President Bola Tinubu, including subsidies’ end and refinery integrations with NNPC. Civic groups like the Coalition for Economic Liberation and Social Justice have rallied support, urging vigilance against disruptions to the refinery’s operations.

Dangote’s refinery has already transformed Nigeria into a regional energy exporter, producing polypropylene and jet fuel while fostering thousands of jobs. Yet, the engineer’s exit underscores the need for policy interventions to stem brain drain. As Dangote concluded, “Investing in Nigeria isn’t just business—it’s patriotism. Let’s build our future together.”

Please follow and like us:
Share

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Member

Don't Miss

‎Why Nigeria’s Banks Still on Shaky Ground with Big Profits, Weak Capital

By Blaise Udunze‎‎Despite the fragile 2024 economy grappling with inflation, currency volatility, and weak growth, Nigeria’s banking industry was widely portrayed as successful...

Why 2026 could be your year of extraordinary breakthroughs‎

By Chioma Obinagwam‎‎Year 2026 will mark the end of ordinary living for those willing to embrace divine discipline and fervent pursuit of God.‎‎Confiance...

Related Articles

‎Why Nigeria’s Banks Still on Shaky Ground with Big Profits, Weak Capital

By Blaise Udunze‎‎Despite the fragile 2024 economy grappling with inflation, currency volatility,...

Why 2026 could be your year of extraordinary breakthroughs‎

By Chioma Obinagwam‎‎Year 2026 will mark the end of ordinary living for...

‎Seplat Energy ends routine gas flaring, leads Nigeria’s net-zero drive‎

By Chioma Obinagwam‎‎ Seplat Energy Plc is reinforcing its commitment to responsible,...

‎What Ghana’s Crypto Regulation Actually Means for Businesses‎

By Gillian Darko, Vice President of Strategy, Yellow Card‎‎Across Africa, 2025 marked...