Tag: Fuel Importation

Beneficiaries of Fuel Importation Discouraging Governments from Building Refineries in Africa — Aliko Dangote

by Harry Choms

June 2, 2024

Africa’s richest man and owner of the $20 billion Dangote Refinery, Aliko Dangote, has highlighted that those who profit from fuel importation are hindering African governments from building refineries. Dangote ...

Nigeria Spends N3.5 Trillion on Fuel Importation Since Subsidy Removal

by Harry Choms

March 10, 2024

Recent data from the National Bureau of Statistics reveals that Nigeria spent a staggering N3.5 trillion on fuel imports during the second half of 2023. The Tinubu administration's removal of ...