Nigeria to spend $57.6bn to expand oil refining capacity by 2022 – Report

OpeOluwani Akintayo  08 November 2018, Sweetcrude, Lagos — Nigeria will be spending a total of US$57.6 billion to expand its crude distillation units, CDU, or crude oil refining capacity by 2.003 million barrels per day, bpd, between now and 2022, statistics from GlobalData, a leading data and analytics company, have shown. According to the report, Nigeria … More »