Showing posts with label Central Bank of Nigeria (CBN). Show all posts
Showing posts with label Central Bank of Nigeria (CBN). Show all posts

Wednesday, January 13, 2016

CBN assures Dangote of Forex to finance $14bn refinery

The Central Bank of Nigeria (CBN) has given assurance to Dangote Group that it will support it access Foreign Exchange, Forex to build its proposed $14 billion refinery in the country.

 Dangote-Emefiele
Mr. Godwin Emefiele, the Governor of the CBN, said this during a tour of the refinery which is projected to refine 650,000 barrels of crude oil per day.
The tour of the facility held at its location within the Lekki Free Trade Zone in Lagos.
The CBN governor said that the support was to ease the importation of equipment needed to bring the Dangote refinery to reality.

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