Dangote Questions Viability of Nigeria’s State Refineries
Aliko Dangote, President of the Dangote Group, has expressed strong doubts about the functionality of Nigeria’s state-owned refineries in Port Harcourt, Warri, and Kaduna, despite $18 billion reportedly spent on them by the Nigerian National Petroleum Company Limited (NNPC). Speaking to Global CEO Africa members after a tour of his Lekki refinery, Dangote highlighted that […]
Port Harcourt Refinery commences operation, Warri to follow in 2024
The Port Harcourt Refining Company in Rivers State has “re-commenced operations” in line with the Federal Government’s promise to ensure the production of refined products at the facility in December 2023. The re-commencement of operations at the Port Harcourt refinery comes over two years after the Federal Government approved funding of $1.5 billion for its […]
