Oil-rich Nigeria plans to finally end fuel imports
The government’s previous efforts to overhaul the refining industry have failed
21 October 2019 - 17:16
Abuja — Africa’s biggest oil producer is trying to get its refineries working in an attempt to wean itself off imported fuel. Yet again.
Over the past 12 years, Nigeria tried and failed four times to crank up its ageing and unprofitable crude-processing plants. Now the state-run energy company is giving it another shot — a move that, if successful, could end the nation’s reliance on fuel imports. However, the country’s recent track record means there is scepticism about the latest effort...
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