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

People selling fresh fruits at the market in Addis Ababa, Ethiopia. Photo by Atypeek Dgn @Pexels
How $163mn in EU support is rekindling its strained partnership with Ethiopia
Read More »
Shipyard on the Suez. Photo by Eric Seddon @Pexels
Egypt’s industrial bet: Can the Suez Canal Economic Zone replace lost canal revenues?
Read More »
A woman selling in the market. Photo by B. Aristotlè Guweh Jr @Pexels
South Africa’s inflation puzzle: Markets see calm, households feel the squeeze
Read More »

Recent Politics

Nigerian youth on the street. Photo by Salem Ochidi @ Unsplash
Treason case lays bare Nigeria’s hidden power struggles under Tinubu
Read More »
Benin Finance Minister Romuald Wadagni. Photo @Romuald Wadagni/Facebook
Benin election 2026: From fiscal discipline to political delivery - Wadagni’s real test begins
Read More »
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 »

Latest Posts

Latest news insights