Nigeria is on the brink of becoming Africa’s leading refining hub — a vision that, while ambitious, is within reach. As the Crude Oil Refinery Owners Association of Nigeria (CORAN) prepares for the 2024 Refining Summit, the theme “Making Nigeria a Net Exporter of Petroleum Products” is particularly relevant. This summit’s focus aligns with Nigeria’s broader industrialization goals, positioning the …

Owners of local refineries in Nigeria, including the Dangote Petroleum Refinery, say they can help the country stop the importation of refined petroleum products in 18 months if the Federal Government works with their plans. The refiners, who spoke under the aegis of the Crude Oil Refiners Association of Nigeria (CORAN), said there are other refineries at different stages of …