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Tuesday, 12 January 2016

CBN assures Dangote of Dollars to Finance the $14bn Refinery

When you are a real big man, you get special treatment. The Governor of Central Bank of Nigeria (CBN) Mr. Godwin Emefiele, during a tour of Dangote refinery which is projected to refine 650,000 barrels of crude oil per day, assured Dangote Group that it will support its access to Foreign Exchange in order to build its proposed $14billion refinery in Nigeria.

The CBN governor said that the support was to help with the importation of equipment needed to bring the Dangote refinery to reality and save Nigerians the stress associated with fuel scarcity issues.

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