Nigerian refining capacity is a sixth of needs


Nigeria’s daily domestic refining capacity is now at six million litres, while the country’s daily consumption stands at 35 million litres, the country’s oil minister said.

The Minister of State for Petroleum Resources Ibe Kachikwu gave the comments at a press briefing in Abuja.

Nigeria is pushing to refurbish its decrepit refineries as the country is still mainly dependent on exporting crude oil for imports of refined products.