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SIFAX BOSS DR. TAIWO AFOLABI’S HEARTACHE
Taiwo Afolabi, the head honcho of, SIFAX Group, is a well known household name in the Nigeria maritime business, with over 20 years wealth of experience. His sterling leadership traits has helped build his other business conglomorate littered within and outside the shores of Nigeria as well as placing his name on the world map of global business leaders.
The too generous money bag is not a happy man at the moment, he is currently facing some Financial challenges in making one of his loft dreams in business a reality.
The shrewd business mogul was part of the list of business men issued a licences to build
private refineries in Nigeria based on his pedigree as a trusted and
reliable businessman who gives his words and stand by them.
private refineries in Nigeria based on his pedigree as a trusted and
reliable businessman who gives his words and stand by them.
A close source to the billionaire businessman divulged to CITYSPY that; ”For the capital project, Mr Taiwo have secured several hectares of land around the Snake
Island axis in Lagos. Several plans have beeen maped out as the refinery is expected to produce 120, 000
barrel per day. The stumbling factor affecting that dream to see the light of the day is ‘Financing’. Some
of his business allies abroad who have showed kneen interest in investing heavily on the project have withdrawn their intrest as we speak. They kept harping on the current insecurity issue battling the
country. At the moment, Mr Taiwo has consulted several banks to backroll the project as a man who always wants to achieve his dreams. Every means to facilitate a loan facility proved abortive.”
Island axis in Lagos. Several plans have beeen maped out as the refinery is expected to produce 120, 000
barrel per day. The stumbling factor affecting that dream to see the light of the day is ‘Financing’. Some
of his business allies abroad who have showed kneen interest in investing heavily on the project have withdrawn their intrest as we speak. They kept harping on the current insecurity issue battling the
country. At the moment, Mr Taiwo has consulted several banks to backroll the project as a man who always wants to achieve his dreams. Every means to facilitate a loan facility proved abortive.”