Nigeria’s Refining Plans Remain Ambitious

Despite being a significant global crude oil producer with nearly 1.5 million barrels per day, Nigeria has continually relied upon refined fuel from beyond its borders.  For many years now, the Nigerian government has faced obstacles such as geopolitical instability, inefficient and moribund facilities, and political corruption as the country attempts to create an export mentality moving forward. The shining hope for this ambitious change in direction begins with the upcoming Dangote refinery in Lekki.  This multibillion-dollar complex is expected to begin production next year with a peak processing capacity of 650,000 barrels of oil per day and would be a boon to the country’s intentions o

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