Federal Republic of Nigeria and Republic of Niger have concluded plans to jointly setup a new oil refinery to meet the petroleum needs of the two nations. The refinery which is estimated to take millions of dollars is planned to be sited at the border town between the Republic of Niger and Katsina State, Nigeria.
A statement released to news men disclosed that Dr. Emmanuel Ibe Kachikwu, who is the Minister of State for Petroleum Resouces met with the President of the Republic of Niger and the Energy Minister of Republic of Niger over the project.
The statement reads:
‘’the Honorable Minister of State for Petroleum Resources, Dr. Emmanuel Ibe Kachikwu met with the President of the Republic of Niger, Mahamadou Issoufou and the Energy Minister of the Republic of Niger, Mr. Foumakoye Gado.
‘’A mutually beneficial agreement was reached for the construction of a refinery in the border town between the Republic of Niger and Katsina State, Nigeria and a crude oil pipeline from the Republic of Niger to the new refinery. Definitive bilateral and technical agreements to be signed in coming days.’’