NewsBreakNigeria
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USD/NGN 1,327.68 ▾0.1%GBP/NGN 1,753.58 ▾0.5%USD/NGN black market ₦1,384GBP/NGN black market ₦1,876EUR/NGN 1,496.30 ▾0.7%JPY/NGN 8.41 ▾0.5%CAD/NGN 932.85 ▾0.2%

Nigeria’s Current Crude Oil Production Cannot Support Local Refining Capacity Forecast—Stakeholders

Stakeholders in Nigeria’s refining sector have challenged the government to intensify efforts to boost oil production to meet local increasing demand of feedstock by local refineries. The issue was a fundamental concern…

Aggregated · originally by Leadership
28 Sept 2026, 15:00 WAT · 3 min read
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Nigeria’s Current Crude Oil Production Cannot Support Local Refining Capacity Forecast—Stakeholders

Stakeholders in Nigeria’s refining sector have challenged the government to intensify efforts to boost oil production to meet local increasing demand of feedstock by local refineries. The issue was a fundamental concern…