- An oil marketing company, MIDOil Refining and Petrochemical Company Limited has announced the building of a modular refinery in Lagos.ng
- The company said it will site the 100,000bpd refinery at Sekungba/Ejinrin, Ikosi/Ejirin Local Council Development Area of Lagos State
- The company said it has secured about $5 billion from investors to commence the project in the state
Legit.ng’s Pascal Oparada has reported on tech, energy, stocks, investment and the economy for over a decade.
If all goes according to plan, the Dangote refinery will be one of many refineries sited in Lagos, as another oil firm has said it has secured the necessary funding to commence a 100,000 barrels per day modular refinery in the state.
