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Nigeria licenses first floating LNG plant for export and domestic use
Nigeria has more than 209 trillion cubic feet of gas reserves but loses over $1 billion in annual revenue due to gas flaring, government estimates show.
Nigeria has more than 209 trillion cubic feet of gas reserves but loses over $1 billion in annual revenue due to gas flaring, government estimates show.
We have been seeing many demarketing campaigns to discredit the Dangote Petroleum Refinery, and given the negative impact of this, which has caused panic in the country.
Aliko Dangote has before now, been into the manufacturing of cement, sugar, noodles, and fertilisers, among other valuable products.
There was a geometric leap in 2023 when the country imported fuel worth $2.08bn.
“Let them (NNPCL) buy me out and run the refinery the best way they can,” Mr Dangote says.
In the refinery, we did not, and I repeat, we did not collect one single incentive from the Federal Government of Nigeria or even Lagos State. Yes, the Lagos State gave us a good deal, but we paid $100m for the land. It wasn’t a free land; we paid for it