After Squandering $25B In Refinery Overhauls, Nigeria Turns To Chines… | HappeningNow.news

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After Squandering $25B In Refinery Overhauls, Nigeria Turns To Chinese Firms

After a series of failed and costly attempts to revamp its aging refineries, Nigeria’s national oil company, the Nigerian National Petroleum Company Limited (NNPC), has signed a new agreement with Chinese firms to revive its moribund fac…

Source Summary Published May 11, 2026 Brief Under 1 min brief
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Summary

After a series of failed and costly attempts to revamp its aging refineries, Nigeria’s national oil company, the Nigerian National Petroleum Company Limited (NNPC), has signed a new agreement with Chinese firms to revive its moribund facilities. The NNPC has signed a Memorandum of Understanding (MoU) with Sanjiang Chemical Company Limited and Xinganchen (Fuzhou) Industrial Park Operation and Management Co.

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Part of 25B coverage 5 tracked stories

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