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Africa's richest man just opened a massive refinery that's breaking up an oil monopoly that cost Nigeria $10 billion yearly. The project survived years of sabotage to finally give Nigeria control over its own fuel.
Aliko Dangote announced plans to build a massive oil refinery in Tanzania, partnering with Kenya and Uganda to boost East Africa's energy independence. The project could process 1.4 million barrels daily, helping the region break free from costly petroleum imports.
Aliko Dangote announced plans to build a massive oil refinery in Tanzania, partnering with Kenya and Uganda to boost regional energy independence. The project could process up to 1.4 million barrels daily, potentially becoming the world's largest refinery complex.
Nigeria's Navy just shut down a rebuilt illegal oil refinery and caught thieves red-handed at a major port, protecting the country's resources and economy. These back-to-back wins show determined efforts to stop oil theft are working.
Africa's largest oil refinery just became the first in the world to reach full capacity at 650,000 barrels per day in a single train. The achievement could save Nigeria $10 billion annually and end decades of fuel shortages.