• Nigeria to generate over $13bn in savings/earnings from Dangote refinery – FG

    Nigeria to generate over $13bn in savings/earnings from Dangote refinery – FG

    According to reports, the Federal Government, at the weekend, disclosed that on completion, Dangote Refinery, which is estimated to cost $12 billion, would enable Nigeria save over $7.5 billion from foreign exchange (Forex) on import substitution of petroleum products and realise over $5.5 billion on Forex earnings from exports per annum. That is the nation would make yearly gains of over $13 billion.

    Prof. Yemi Osinbajo, the Vice President, disclosed this during his tour of the Dangote Refinery located at the […]