China signs major deal to build Nigeria refinery | Welcome to Linda Ikeji's Blog

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Thursday, 8 July 2010

China signs major deal to build Nigeria refinery

 China has signed a deal to build an eight-billion-dollar refinery in Nigeria, a government official said on Tuesday, in a fresh example of Beijing's aggressive investment in Africa.

The agreement also highlights Nigeria's lack of fuel and electricity despite being one of the world's largest oil producers, with the country's refineries malfunctioning and having been hampered by corruption.

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3 comments:

Anonymous said...

for me, its good news and bad news
good news: we are now refining our own fuel
bad news: i don't trust and like China (or the Chinese).

Anonymous said...

Alicia says...

I'm sure they will hire Chinese and not Nigerians.

Anonymous said...

We are fucked!!!!!!!!!!!

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