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  • Will Nigeria's biggest oil refinery help Nigeria achieve self-sufficiency?
  • (AP Photo/Sunday Alamba) ABUJA, Nigeria (AP) — Nigerian President Muhammadu Buhari on Monday opened Africa’s biggest oil refinery, with hopes it would help the energy-rich country achieve self-sufficiency and become a net exporter of refined petroleum products.
  • Will Nigeria become a net exporter of refined petroleum products?
  • Oil installations at the Dangote refinery during the opening ceremony in Lagos, Nigeria, Monday, May 22, 2023. Nigerian President Muhammadu Buhari on Monday opened the oil refinery, with hopes it would help the energy-rich country achieve self-sufficiency and become a net exporter of refined petroleum products.
  • Will Nigeria's oil refinery buy oil from outside the country?
  • It is not clear what agreement is in place with Nigeria’s major oil companies, but the refinery also will be looking to buy oil from outside the country if Nigeria’s limited crude production persists, Wusu added.
  • How many jobs will be created through Nigeria's oil refinery project?
  • More than 100,000 direct and indirect jobs are expected to be created through the project, the Lagos State government has said. After several years of delays, Africa's largest oil refinery was commissioned Monday by the outgoing Nigeria's President Muhammadu Buhari.
  • Could Nigeria's oil refinery capacity be limited?
  • Some analysts believe the capacity of the refinery could be limited as Nigeria battles massive oil theft that has caused crude production to drop to a multidecade low in recent months, affecting government earnings and limiting capacity to execute important projects.
  • What is Africa's largest oil refinery?
  • Nigeria's President Muhammadu Buhari on Monday commissioned an oil plant billed as Africa's largest oil refinery, after years of delays and a week before stepping down from office.