Federal Government through the Nigerian Midstream and Downstream Petroleum Authority has issued licences for nine modular refineries.
The Chief Executive of Nigerian Midstream and Downstream Petroleum Authority, Mr. Farouk Ahmed, disclosed this at the 2024 Oil Trading and Logistics Africa Downstream Energy Week in Lagos.
He said the licences were issued under President Bola Tinubu’s administration in the past year.
According to him, Nigeria’s refining capacity has been increasing under the current administration, especially with the Dangote refinery coming on stream.
He said the Nigerian Midstream and Downstream Petroleum Authority issued nine licences to establish modular refineries, seven licences to construct, and four licences to also operate modular refineries
