Search

Dangote’s Refinery Challenges Nigeria’s Political and Business Elite

Allen dreyfus Logo
© Allen Dreyfus
  • Aliko Dangote’s $20 billion refinery threatens decades of fuel import dependence
  • Government and vested interests clash over refinery’s impact on Nigeria’s economy

Abuja, Nigeria – It isn’t an accident that no new refinery was built in Nigeria in the past three decades. It wasn’t due to a lack of need, funds, or skills to run a petroleum refinery. Rather, state officials and their business partners found it more profitable to import fuel, despite the higher costs to the nation.

Recent Business

Electricity transmission line. Photo by Sherise Van Dyk @ Unsplash
Mali secures $60mn to shore up power grid and curb outages
Read More »
Carrefour operates in over 550 markets across Sub-Saharan Africa. Photo by James Orr @ Unsplash
French retailer Carrefour enters Ethiopia with 30-store expansion plan
Read More »
A train on a railway. Photo by Nico Wall @ Pixabay
Lobito rail deal attracts $753mn funds to power Angola’s minerals corridor
Read More »

Recent Politics

William Ruto, President of The Republic of Kenya. Photo: @ William Ruto/Facebook
Kenya’s opposition succession battle draws in Ruto, Uhuru as 2027 race takes shape
Read More »
Samia Suluhu Hassan, President of Tanzania. Photo @ Samia Suluhu Hassan/Facebook
Will Tanzania's shuttle diplomacy to Western nations bear fruits?
Read More »
US Marines and Sailors being transported by Marine Aerial Refueler Transport Squadron 352. Photo by Joel Rivera-Camacho @ Unsplash
US Christmas airstrikes on Nigeria may alter political equation for Tinubu
Read More »

Latest Posts

Latest news insights