Nigeria has the potential to become Africa’s biggest oil-refining hub by 2025, a report has said.
Hawilti, a Pan-African investment research firm, disclosed this in its recent report titled “Refineries watch Q4 2022” released on Monday.
The report said Africa is poised to witness significant transformations in its fuel supply security in 2023, adding that West Africa houses the largest refining capacity on the sub-continent, but only 23 per cent of it is currently operational.
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