Oil refinery The agreement will help Nigeria side-step the likely crude oil glut that will follow as more countries move away to cleaner energy. The Nigerian government says it has high hopes the Dangote Refinery will help solve its petroleum importation challenge. And it hopes for more: amid fears of oil glut as nations move to cleaner energy, Nigeria will still be able to sell to the privately-owned refiner for at least 20 years. To do this, the government has locked down a right-of-first-refusal agreement with the company, with Nigeria owning 20 per cent of the firm. The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, Mele Kyari, said this on Tuesday in Abuja. He said Nigeria will stop importing refined fuel by mid of 2023. He said the combination of output from the Dangote Refinery, which is scheduled to begin next year, would help “eliminate […]