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International Business Times
International Business Times
Business

Five Things To Know About Nigeria's Oil Sector

Nigeria's Dangote Refinery is owned by the country's richest man, Aliko Dangote (Credit: AFP)

Africa's biggest oil refinery will on Friday start direct and free shipping of fuel to retailers in Nigeria, a move expected to disrupt the oil sector in the continent's largest crude producer.

Nigeria's Dangote Refinery says that the plan will boost efficiency by cutting down on intermediaries while providing more competitive options for consumers and retailers such as petrol stations.

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