Reported 1 day ago
Nigerian billionaire Aliko Dangote plans to expand Africa's largest oil refinery in Lagos from 650,000 to 1.4 million barrels per day to meet increasing fuel demand. This expansion would result in the largest refinery ever constructed at a single site, surpassing India's Jamnagar refinery. Despite Nigeria's status as a top oil producer, it still imports refined petroleum due to underperforming state-run refineries. The expansion signifies a commitment to improving Nigeria's energy future, though details about its timeline and financing remain unclear.
Source: YAHOO