Time to prohibit petroleum product imports – By Magnus Onyibe …C0NTINUE READING HERE >>>
In 2011, the Chinese, demonstrating their strategic foresight, established a refinery in Niger Republic, which borders Nigeria to the northeast. This refinery, with a capacity of 20,000 liters per day and a cost of $5 billion, was completed swiftly and produces both diesel and petrol. Now, the Chinese are in the process of setting up another refinery in Ghana, Nigeria’s southwestern neighbor. Although this new refinery is not yet operational, China and Ghana have expressed their intention to make Ghana a hub for petroleum refining in Africa.
China’s interest in building…
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