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

Dar es Salaam, Tanzania. © Unsplash
Tanzania inflation slows to 3.2% in February
Read More »
Gas pipeline. Photo @ Unsplash
Senegal kicks off domestic offshore gas production
Read More »
Ethiopian Airlines commercial flight. Photo by Bornil Amin @ Unsplash
Ethiopian Airlines suspends Middle East flights as US-Israel-Iran conflict escalates
Read More »

Recent Politics

Nigeria young voters protest for reforms. Photo by Ayoola Salako @ Unsplash
Nigeria’s 2027 election raises political risk for investors
Read More »
Edwin Sifuna, Kenya's ODM secretary-general. Photo: Edwin W Sifuna/Facebook
Is Edwin Sifuna Kenya’s new Raila Odinga?
Read More »
A cheerful Kenyan citizen at a public celebration. Photo: @ William Ruto/Facebook
Why is Kenya on full campaign mode one year to 2027 elections?
Read More »

Latest Posts

Latest news insights