Dangote, Others May Spend $1.4bn Monthly On Crude Imports Amid Naira-For-Crude Uncertainty

Dangote Petroleum Refinery and several modular refineries in Nigeria may spend approximately $8.56 billion over the next six months to import about 122.4 million barrels of crude oil to sustain full operational capacity. This translates to a monthly expenditure of around $1.43 billion on crude imports. The development comes amid growing uncertainty over the sustainability … Continue reading Dangote, Others May Spend $1.4bn Monthly On Crude Imports Amid Naira-For-Crude Uncertainty