Investors to build multi-billion dollars modular refinery in Nigeria

Investors from China have indicated interest in building a multi-billion dollars modular refinery in Nigeria’s Niger Delta region.

The modular refinery initiative, which featured prominently in talks between the Federal Government and the oil-producing regions, was to discourage illegal refineries and oil pollution.

Mr Shaui Jiang, leader of the delegation, said the group is also investing in other areas of the Nigerian economy especially agriculture and infrastructure.

“We are a group of Chinese investors looking for investment opportunities. I believe we have so many areas of interest and opportunities to invest in Nigeria,” he said at a meeting with the Senior Special Assistant to the President on Foreign Affairs and Diaspora, Mrs Abike Dabiri-Erewa, in Abuja.

“We are interested in investing in energy which include oil and gas, power, mining and renewable energy. We are interested in building modular refineries for communities to address the challenge in that region," he said.
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