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NEWS and REPORTS => Nigerian News => Topic started by: ChannelsTV on Apr 17, 2013, 04:30 AM

Title: Dangote Plans 400,000 bpd Oil Refinery In Nigeria
Post by: ChannelsTV on Apr 17, 2013, 04:30 AM
(http://www.channelstv.com/home/wp-content/uploads/2013/04/aliko_dangote.jpg)Africa's richest man, Aliko Dangote, plans to invest up to $8 billion to build a Nigerian oil refinery with a capacity of around 400,000 barrels a day by late 2016, the tycoon told Reuters on Tuesday. It would almost double Nigeria's refining capacity - currently 445,000 barrels per day among four refineries.

Via: ChannelsTV
Title: Re: Dangote Plans 400,000 bpd Oil Refinery In Nigeria
Post by: Shola Sholaz on Apr 17, 2013, 03:35 PM
This man really has the money to spend so Nigerians should leave him alone to carry on with his plans. There is no crime in that