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

Trade surges in Africa. Photo by Kurt Cotoaga @ Unsplash
Middle East conflict: How Afreximbank’s $10bn crisis fund could shield Africa’s economies
Read More »
Diamond. Photo by Plato Terentev @ Pexels
Can Botswana's diamond collapse signal the end of Africa’s gem dominance?
Read More »
Sunset at an Industrial Shipping Port for trading. Photo @Pexels
China’s duty-free pivot in Kenya signals Africa trade realignment beyond AGOA
Read More »

Recent Politics

Kinshasa, Democratic Republic of Congo. Photo by Johnnathan Tshibangu @ Unsplash
Why DR Congo is taking in US deportees — and what Africa gains or risks
Read More »
Kenya youth protest. Photo by Hassan Kibwana @ Unsplash
Will Kenya's new Gen Z uprising turn voter registration into a global youth political wave?
Read More »
Nigeria young voters protest for reforms. Photo by Ayoola Salako @ Unsplash
Nigeria’s oil paradox in the Iran war: windfall gains, inflation pain
Read More »

Latest Posts

Latest news insights