Dangote Refinery to save Nigeria $55bn annually, generates 12,000 megawatts, 135,000 jobs

As President Muhammadu Buhari officially unveiled the Dangote Petroleum Refinery in Ibeju-Lekki, Lagos, the refinery is expected to save Nigeria $25 billion and $30 billion forex annually and give the economy an inflow of $10 billion yearly. The refinery is also expected to generate 12,000 megawatts of electricity and over 135,000 permanent jobs, the Governor […]

Gas line project gulps $1.1bn from FG

The contractors handling the 614kilometres Ajaokuta-Kaduna-Kano gas pipeline project have so far been paid $1.1 billion. The AKK pipeline project has a total cost of $2.5 billion, down from the $2.8 billion initiatially approved by the Federal Executive Council in 2018 The Group CEO of NNPC Limited, Mele Kyari disclosed this during an inspection visit […]