Plans for a new refinery in Nigeria and the neighboring Niger Republic has been set in place. The agreement for the design and construction of the refinery has been discussed by Ibe Kachikwu, Nigeria’s minister of state for petroleum resources, who consequently led a Nigerian government delegation to Niamey.
The refinery is to be located at a border between the two countries. This is as a result of the cooperative work across the region to better the petroleum sector.
The refinery between Republic of Niger and Katsina state, Nigeria. Hence, meetings held between the President of Niger, Mahamadou Issoufou and the country’s energy minister Foumakoye Gado.
Nigeria owns four refineries located in Kaduna, Warri and Portharcourt.
This deal is important to the nation with regards to fuel scarcity and the dying state of our refineries.
In addition, for more than two years after President Muhammadu Buhari assumed power, a PREMIUM TIMES’ analysis of the operational report of the refineries prepared by the national oil firm, NNPC, showed that they have fared poorly since the government got into power.
Source: Gambeta News