Will Nigeria’s biggest oil refinery help Nigeria achieve self-sufficiency?
(AP Photo/Sunday Alamba) ABUJA, Nigeria (AP) ¡ª Nigerian President Muhammadu Buhari on Monday opened Africa¡¯s biggest oil refinery, with hopes it would help the energy-rich country achieve self-sufficiency and become a net exporter of refined petroleum products.
Will Nigeria become a net exporter of refined petroleum products?
Oil pipelines, seen during the opening ceremony of Africa¡¯s biggest oil refinery in Lagos, Nigeria, Monday, May 22, 2023. Nigerian President Muhammadu Buhari on Monday opened the oil refinery, with hopes it would help the energy-rich country achieve self-sufficiency and become a net exporter of refined petroleum products.
Is palm industry a viable biofuel source in Nigeria?
Nigeria had been standing aloof at exploring her bioresources as a means of combatting her energy cum economic challenges. After some critical examination, the authors showcased Nigerian Palm Industry as a viable biofuel source yet unexplored.
Will Nigeria’s oil refinery buy oil from outside the country?
It is not clear what agreement is in place with Nigeria¡¯s major oil companies, but the refinery also will be looking to buy oil from outside the country if Nigeria¡¯s limited crude production persists, Wusu added.