The Federal government of Nigeria, on Thursday, announced plans to build an oil refinery in Nigeria and neighbouring Niger Republic.
A statement by the Ministry of Petroleum Resources said Ibe Kachikwu, Nigeria’s minister of state for petroleum resources, led a Nigerian government delegation to Niamey, the Nigerien capital, on Wednesday to discuss a firm agreement for the design and construction of the refinery.
The statement said the refinery will be strategically located at a border town between the two countries.
The move is in line with the commitment to collaboratively work across the region to ensure definitive solutions to the petroleum sector challenges, Mr Kachikwu said.
He explained that the plan will be “expressed through the construction of a refinery in the border town between the Republic of Niger and Katsina State, Nigeria and a crude oil pipeline from the Republic of Niger to the new refinery”.
The statement said that the minister held talks with the president of Niger, Mahamadou Issoufou, and the country’s energy minister Foumakoye Gado.