Why Africa Hasn’t Built New Refineries in 35 Years – Aliko Dangote
Africa’s richest man, Aliko Dangote, has explained why no new refineries have been built in other African countries over the past 35 years. Dangote, who owns the $20 billion Dangote Refinery in Lagos, said that people who profit from importing fuel are responsible for the lack of new refineries in Africa over the last three […]
Fuel to sell N500 per litre as Port Harcourt Refinery set to release product – Marketers
Oil marketers have indicated that the Port Harcourt Refinery is nearing readiness to distribute Premium Motor Spirit, commonly known as fuel, at a price below N500 per litre. National Public Relations Officer, IPMAN, Chief Ukadike Chinedu, confirmed that the Port Harcourt Refinery will soon release the fuel to marketers. He noted that at the moment, […]