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Nigeria's Dangote shifts focus from cement to oil and gas

By Alexis Akwagyiram LAGOS (Reuters) - Africa's richest man, Aliko Dangote, plans to launch Nigeria's first private crude oil refinery by 2019 while almost doubling his cement production on the continent by adding plants in eight countries as he shrugs off a regional economic downturn. Dangote told Reuters the $12 billion refinery would have a capacity of 650,000 barrels a day, cornering the ...
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Added June 24, 2016
from Yahoo Nigerian News