Search

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

Subscriber only Subscriber only
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.

You need an active subscription to continue reading this article.

Recent Business

Morocco @ Pexels
Morocco inflation eases in July as food prices fall
Read More »
Forex trading | Photo by Jason Briscoe @ Unsplash
Ghana to regulate $6.6 trillion forex market with new rules
Read More »
Ethiopia | Photo by Sammy Wong @ Unsplash
Ethiopia raises workers’ wages by up to 81% in economic reform push
Read More »

Recent Politics

Photo by Omotayo Tajudeen © Unsplash /Nigeria
Nigeria arrests Al-Qaeda-linked rebels disrupting food supply
Read More »
Kenya youth protest @ Unsplash
Kenya’s Gachagua cuts short U.S. trip as political feud with Ruto heats up
Read More »
Kenya youth protest. Photo by Hassan Kibwana @ Unsplash
Is U.S.-Kenya tension over Sudan rebel links really about China?
Read More »

Latest Posts

Latest news insights