Nigeria refining capacity is one-sixth of needs, says oil minister

Nigeria’s daily domestic refining capacity is now at 6 million litres, while the country’s daily consumption stands at 35 million litres, the country’s oil minister said on Thursday.

The Minister of State for Petroleum Resources Ibe Kachikwu gave the comments at a press briefing in the capital of Abuja.

Nigeria is pushing to refurbish its decrepit refineries, as the country is still mainly dependent on exporting crude oil for imports of refined products.