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Dangote Refinery, PTI Partner on Human Capital Devt

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Dangote refinery
  • Dangote Refinery, PTI Partner on Human Capital Devt

Dangote Refinery and Petrochemicals and the Petroleum Training Institute, (PTI) Efunrun are to collaborate in the area of human capital development and professional certification given the Group’s foray into oil and gas business.

Dangote Group Executive Director, Stakeholder Management and Corporate Communication, Mansur Ahmed, who led Dangote Group management to receive the management of the Institute when it paid a courtesy call on the Company said the Dangote Refinery and Petrochemicals would be more than ready to partner the PTI in the critical area of skill acquisition and human capital development.

He stated that the PTI is in vantage position to provide trainings that are otherwise sought abroad and that with the economic situation in the country, PTI should the leading light in training of personnel in oil and gas sector.

Engr. Ahmed then advised the Institute Management to build a framework that will show the contents of its training modules and how they match specific needs of organisations in the sector.

He tasked the Institute to come with a proposal that can lead to the formalisation of the partnership between the Group and the Institute while also urging them to take facility tour of the Dangote Refinery and Petrochemicals currently under construction so as have insight into the areas of immediate training the company would require.

Speaking earlier, the Principal of the Institute, Professor Sunny Iyuke expressed delight that the Institute management has been able to link up with the Group eventually saying he was optimistic that the partnership would be beneficial to both parties.

He explained efforts being made by the new management of the institute headed by him to redirect the institute saying it has undergone several changes in the last few months all in efforts to reposition it to be relevant in discharge of its duties in the light of the modern day technology.

Iyuke made bold to say that the PTI has some of the best facilities for training in the oil and gas sector in the world and that the management was striving to ensure the facilities are deploy appropriately so that the institute would take its pride of place in the sector.

He also expressed the confidence that the facilities at PTI would be of immense benefit to Dangote refinery given its unique size and scope of production and that the training and certification that the Institute would provide would be global standard.

Stressing the reason why the current management moved to reposition the Institute, Iyuke lamented that it was embarrassing that over five decades after the discovery of oil in Nigeria, the country is still importing oil.

Describing the situation as saddening unacceptable, he explained that PTI would need to double up and take the lead in human capital development in the oil and gas industry noting that with the local content policy of the government, the Institute has much work to do.

The institute listed areas of training where Dangote Refinery could benefit from as Refining process; Process control; Plant Utilities; Pipeline maintenance; Catalyst and Catalysis; Corrosion and Corrosion control; Water and Waste Water Management; Power plant and a host of other spheres.

CEO/Founder Investors King Ltd, a foreign exchange research analyst, contributing author on New York-based Talk Markets and Investing.com, with over a decade experience in the global financial markets.

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Company News

Farmforte, Others Signs MoU To Strengthen and Sustain Growth in Agricultural Sector

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Farmforte - Investors King

Farmforte Limited has signed a strategic Memorandum of Understanding with the Agricultural Fresh Produce Growers and Exporters Association of Nigeria; HYBR, a pan-African innovation firm; and ALTS, a consulting and strategy development firm.

The firm said in a statement on Sunday that the partnership would strengthen common interest cooperation and stimulate inclusive and sustainable growth within the agricultural sector, by capitalising on the synergy and comparative advantage offered by each organisation.

Speaking during the signing ceremony, Farmforte Co-Chief Executive Officer, Osazuwa Osayi, said, “Our mid to long-term strategic goals are further reaffirmed, as this partnership will facilitate the sharing of knowledge, ideas, and expertise across the agricultural sector.

“We will collectively address initiatives and approaches concerning agricultural investments, food security, and the overall robustness of the value chain.”

He said the collaboration would also unlock the full potential of the sector and place it on a renewed path for success, especially within a post-pandemic economy.

The President of AFGEAN, Tajuddeen Dantata, said, “By creating dialogue and fostering investment in the horticulture sector, this partnership will endeavor to support Farmforte in its exporting efforts by improving operational efficacy and cost-savings, while ultimately driving socio-economic growth in the country.”

The Chief Executive Officer, HYBR, Charles Ojei, said to drive inclusion, sustainability, job creation, and Nigeria’s overall economic growth, the optimisation of the agriculture value chain was critical.

“This collaboration is a fusion of the complementary capabilities of all partners to move a bigger agenda forward.”

The Managing Partner, ALTS, Akintunde Sawyerr, said, “The goal of this partnership is to support Farmforte’s vision of becoming the largest agribusiness by 2035 via scalable and world-class innovation across its enterprise.”

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Company News

OctaFX Launches Dual Life Campaign

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OctaFX- Investors King

International Forex broker, OctaFX has launched a socially conscious marketing campaign called Dual Life aimed at simplifying forex trading and helping Nigerians create wealth.

A statement by the organisation on Monday said that the marketing campaign would celebrate the superpowers of Nigerians who committed their time and efforts to two or more jobs and were successful at each one of them.

It stated that the #DualLifewithOctaFX campaign had influencers in the Nigerian lifestyle and entertainment space such as Toke Makinwa, Bovi, Denola Grey, Timini Egbuson, and others at the core of the engagements, establishing the other sides of the celebrities and influencers as entrepreneurs.

While speaking about the campaign, the Marketing Manager, EMEA, OctaFX, Ali Nwadike said, “We wanted to position forex trading as that activity young Nigerians and everyone else, can engage in, even while focusing on their careers.

“From findings, most young Nigerians today work two or more jobs to pay the bills and attain financial freedom. But, we don’t get to talk about this often or appreciate the efforts, hence the #DualLifewithOctaFX campaign.

“While some see their jobs as a burden, we want people to see it as an achievement; and promote the school of thought that says one, two, many jobs is not bad especially when you are trying to create wealth.”

Nwadike added that more Nigerians would be exposed to the beauty of keeping their regular jobs and careers while making more money from forex trading with the OctaFX Trading App.

The statement also affirmed that OctaFX had made necessary arrangements from assembling forex experts and compiling training guides in the simplest and relatable form.

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Appointments

AfDB Appoints Dr. Beth Dunford as Vice President

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African Development Bank - Investors King

The African Development Bank Group (AfDB) has announced the appointment of Dr. Beth Dunford as its Vice President, Agriculture, Human and Social Development. The appointment becomes effective from July 1, 2021.

A statement explained that Dunford, a national of the United States of America, brings extensive experience to this role. She has held senior-level leadership positions in the US government, where she managed large and complex programs, working with the private sector, civil society, and multilateral and bilateral institutions, as well as with African governments, to deliver agricultural, social and human development impact at scale.

Prior to her appointment, Dunford worked as the Assistant to the Administrator in the U.S. Agency for International Development’s (USAID’s) Bureau for Resilience and Food Security, as well as the Deputy Coordinator for Development for Feed the Future, the U.S. government’s global hunger and food security initiative.

“In this dual role, she coordinated Feed the Future across multiple U.S. government agencies, oversaw a $1 billion annual budget and leveraged millions of direct private sector investment annually. In this capacity, she also coordinated a $2.3 billion Feed the Future presidential initiative across 11 US government agencies and forged partnerships within the private sector and civil society targeted at reducing hunger and poverty.

“She also led USAID’s technical and regional expertise focused on improving agriculture-led growth, resilience, nutrition and water security, sanitation and hygiene,” the statement added.

President of the African Development Bank, Dr. Akinwumi Adesina said he was delighted to appoint Dunford as Vice President to lead the Bank’s work on Agriculture, Human and Social Development.

“Beth is a strategic and effective leader with deep knowledge and impressive track record in designing and delivering highly impactful large-scale programs that have helped in lifting 27 million people out of poverty in 36 countries,” he added.

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