Nigeria’s push for energy independence through domestic refining is faltering as modular refineries face crude supply bottlenecks, punitive logistics costs, and a lack of incentives that leave them struggling to survive. At the heart of the crisis lies a paradox. Nigeria, Africa’s largest crude producer with an installed refining capacity of 1.1 million barrels per day, continues to export around 70 percent of its oil, while modular refineries – smaller and cost-effective plants designed to plug the supply gap - operate at less than 10 perce
Nigeria’s push for energy independence through domestic refining is faltering as modular refineries face crude supply bottlenecks, punitive logistics costs, and a lack of incentives that leave them struggling to survive. At the heart of the crisis lies a paradox. Nigeria, Africa’s largest crude producer with an installed refining capacity of 1.1 million barrels per day, continues to export around 70 percent of its oil, while modular refineries – smaller and cost-effective plants designed to plug the supply gap - operate at less than 10 perce