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 Nigerian billionaire Aliko Dangote is making headlines with his ambitious $20 billion oil refinery, touted as a game-changer for Nigeria's economy. With the capacity to process 650,000 barrels of crude oil per day, this massive facility is expected to help transform Nigeria from an oil exporter to a net importer of refined fuels. But while Dangote’s refinery holds the potential to shake up the status quo, the big question remains: Will Nigerians see cheaper, more reliable fuel? Aliko Dangote’s $20 billion oil refinery promises to transform Nigeria’s energy sector The Oil Sector’s Longstanding Struggles For decades, Nigeria has struggled with a deeply flawed oil sector, particularly in the downstream market where crude is refined into petrol. The state-owned Nigerian National Petroleum Company (NNPC) has long been at the center of this inefficiency, embroiled in corruption and opaque deals. The country’s four existing refineries, dating back to the 1960s, have languished in disrepa...