Nigeria’s oil

Nigeria Set To Stop Importation Of Refined Oil And Refine Its Own Oil By 2023

Nigeria Set To Stop Importation Of Refined Oil And Refine Its Own Oil By 2023

Nigeria is one of the world’s largest oil producers, yet, has failed to develop an oil refinery sector. Fortunately, the Nigerian Minister of State for Petroleum Resources, Chief Timipre Sylva, disclosed that Nigeria is a year away from refining its own crude oil. This report is according to Reuters, which stated that the minister had made the announcement to reporters in Abuja on Tuesday. According to the report, the Minister revealed that the groundwork for refining crude oil in Nigeria is already being laid, as a refurbished refinery in the city of Port Harcourt Is set to deliver 60,000 barrels per day…
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