Business

Nigeria Partners with Chinese Firms to Revamp Warri and Port Harcourt Refineries

The Nigerian National Petroleum Company Limited has signed a Memorandum of Understanding with two Chinese firms to restart, operate, and expand the Warri and Port Harcourt refineries. This move aims to boost Nigeria's refining capacity and reduce dependence on imported fuel. The partnership is expected to create jobs and stimulate economic growth in the region.