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France 24
France 24
Business
Charles PELLEGRIN

Nigeria opens Africa's biggest oil refinery in drive to self-sufficiency

Nigeria Africa Oil Aliko Dangote Joe Biden Muhammadu Buhari TikTok Lagos Lawsuit Montana
BUSINESS DAILY © FRANCE 24

Nigeria has opened an oil plant billed as Africa's largest refinery. Outgoing President Muhammadu Buhari inaugurated the new facility in Lagos, calling it a "game-changer". With a capacity of 650,000 barrels a day, the $19 billion plant built by Aliko Dangote – Africa's wealthiest man – could help Nigeria's drive to lower imports of refined petroleum products and even become a net exporter. Also in this edition, we get the latest in the protracted debt ceiling talks between US President Joe Biden and Republicans, as well as TikTok's lawsuit against Montana's decision to ban the app. 

>> Read more: Nigeria's president apologises for petrol shortages and power cuts

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