Former Nigerian senator Shehu Sani shared the comments regarding the necessity for Nigeria to follow neighboring countries in locally processing its natural resources in a major statement posted on his verified Twitter account. Sani underlined that Nigeria must do the same with its crude oil resources, citing instances from Burkina Faso, Niger Republic, and Mali, where gold, uranium, and lithium are processed within national borders, respectively. CONTINUE FULL READING>>>>>
In his words, he said;”Burkina Faso wants to process its Gold deposits locally. Niger Republic wants to process their Uranium locally. Mali wants to process its Lithium locally. That is the way to go with Nigeria’s crude oil. This country’s refineries must work”.
A focal point of Sani’s message is the revitalization of Nigeria’s refinery infrastructure. Despite being a major oil producer in Africa, Nigeria has grappled with insufficient refining capacity, resulting in a heavy reliance on imported petroleum products and substantial revenue loss.
Sani’s call for the effective functioning of Nigeria’s refineries resonates with broader efforts to promote industrialization, job creation, and economic diversification. CONTINUE FULL READING>>>>>
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