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BusinessAfrica

Why Nigeria's largest refinery is importing US oil

Michael Nyantakyi Oti
June 27, 2024

The Dangote Petroleum Refinery — the largest in Africa — was supposed to stop Nigeria’s reliance on imported crude oil products. But inadequate domestic supply means it has to plug gaps by importing oil from the United States.

https://p.dw.com/p/4hbvn
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Lagos: world's largest oil refinery project backed by World Bank

Lagos: world's largest oil refinery project backed by World Bank

West Africa correspondent Fanny Facsar talks to DW about the world's largest refinery project in Lagos, Nigeria. Behind it is Africa's wealthiest man, Aliko Dangote. But the World Bank is also supporting it - despite pledging to heavily reduce investment in fossil fuel projects. And analysts warn that most work opportunities for local people will vanish once construction work is complete.
BusinessApril 12, 201903:49 min
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Nigeria: World Bank helps finance controversial fossil fuel project

Nigeria: World Bank helps finance controversial fossil fuel project

Aliko Dangote, Africa's richest man wants to make Nigeria independent of oil imports. But the oil refinery he wants to finish in 2020 raises questions about sustainability. The World Bank's IFC gave Dangote a loan, though the UN organization promised to end financial support for oil and gas beyond 2019.
BusinessApril 12, 201903:11 min
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Young Kenyans have set the nation ablaze with fiery protests and effectively forced President William Ruto to back down on a controversial tax bill. Can the revolutionary spark spread to other African nations? George Okach discusses activism with Gen Z lawyer Jim India and DW reporters Sella Oneko in Kenya and Olisa Chukwuma in Nigeria.
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