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Dangote Refinery can’t meet Africa’s fuel needs alone, FG woos fresh investors
['Timothy Enietan-Matthews']
Latest Nigeria News | Top Stories from Ripples Nigeria
Despite the fact that the refinery is increasing its refining capacity to 1.4 million barrels.
According to him, Nigeria’s expanding energy market offers enormous opportunities for investors willing to commit capital to the country’s oil and gas infrastructure.
According to him, the ultimate objective should be to position Nigeria as a major supplier of refined petroleum products across the African continent.
He also recalled how rising European demand for aviation fuel produced by the Dangote Refinery had influenced local market conditions, describing the development as evidence of the increasingly interconnected nature of the global petroleum market.
The minister assured industry stakeholders that the Federal Government would continue supporting efforts to establish a functional regional petroleum market.