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Nairaland Forum / Nairaland / General / Politics / Nigeria's Dangote Signs Deal To Build Oil Refinery (Video) (544 Views)
Nigerian Energy Firm Signs Deal To Build Oil Storage Hub In Equatorial Guinea / Dangote Signs Multibillion Dollar Deal With Banks To Build Oil Refinery Nigeria. / Dangote Signs $3.3bn Loan Agreement To Build Africa’s Biggest Petrochemical & Oi (2) (3) (4)
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Nigeria's Dangote Signs Deal To Build Oil Refinery (Video) by hustla242: 10:17pm On Sep 08, 2013 |
Africa's wealthiest man, Aliko Dangote, has signed a multi-billion dollar deal with banks to finance the building of an oil refinery in Nigeria. The refinery would be the largest in Africa, turning Nigeria into a petroleum exporter, he told the BBC. Nigeria is Africa's biggest oil producer but lacks refining capacity and has to import most of its fuel. The West African state is often hit by fuel shortages, and conflict over control of its oil wealth. People in Nigeria's oil-producing southern Niger Delta region are among the country's poorest and accuse the government and oil companies of failing to develop the area. http://www.bbc.co.uk/news/world-africa-23960843 This man is an inspiration to so many of us, he's what we call a visionary Nigeria; it also looks like the business landscape is changing in Nigeria. God bless you Mr. Dangote. |
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