ACFTA - Aproko247 Magazine

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IMF: Dangote Refinery, Supportive Credit Facility, Can Accelerate Nigeria’s Economic Recovery Process

Aproko247 February 17, 2022 0 Comment ACFTA, COVID-19, Dangote Refinery, IMF

The International Monetary Fund (IMF) has noted that the non-oil sector of the Nigerian economy could be stronger, benefitting from its recent growth momentum, higher production from the new Dangote Refinery, and supportive credit policies. In IMF’s Executive Board 2021 Article IV Consultation with Nigeria released recently, the global organisation added that Nigeria’s ratification of…

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Dangote Refinery to Reduce Africa’s Petroleum Importation by 36%, says APPO

Aproko247 January 19, 2022 0 Comment ACFTA, APPO, Dangote Oil Refinery

African Petroleum Producers Organisation (APPO) has said that the establishment of Dangote Oil Refinery will bring about a 36 per cent reduction in the importation of petroleum productions into the continent. Besides, the organisation expressed a belief that the success of Dangote Refinery project could incentivise the rise of similar projects across Africa despite the…

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