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Home Business & Finance

Ghana to import petroleum from Dangote Refinery

Nnaemeka OkwarabyNnaemeka Okwara
October 29, 2024
in Business & Finance
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Ghana to import petroleum from Dangote Refinery
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The National Petroleum Authority of Ghana (NPAG) has revealed plans to bring in refined petroleum products from Nigeria’s Dangote Refinery. This move will help Ghana have a more secure energy supply and improve economic cooperation within the region.

Dr. Mustapha Abdul-Hamid, the CEO of NPAG, shared this news at the 2024 OTL Africa Downstream Energy Week in Lagos. Ghana aims to decrease its dependence on expensive imports from Rotterdam by using the large-scale production of the Dangote Refinery.

This partnership will strengthen relationships within the region, improve energy security, and support economic stability. Ghana has also increased its export agreements with Burkina Faso, Mali, and Niger.

The main advantages of this partnership are:
  1. – Less dependence on costly imports
  2. – Better regional cooperation
  3. – Increased energy security
  4. – Economic stability

Ms. Oluwatosin Aina, the Group Head of Energy at First Bank of Nigeria Ltd., highlighted the importance of having a single African currency to reduce fluctuations in foreign exchange rates.

Tags: Dangote Refineryfederal characterghanaGhana to import petroleum from Dangote RefineryImportNewsPetroleum
Nnaemeka Okwara

Nnaemeka Okwara

Okwara Nnaemeka Emmanuel is a skilled wordsmith, passionate blogger, and content writer with a degree in Media Content, He has made a significant mark in the industry. He also holds certification in Marketing and advertising. He has honed a unique blend of creativity and strategic thinking.Driven by a belief in the power of creativity, He has established a niche for himself in diverse regions, leaving a trail of successful projects and satisfied clients. His ability to craft compelling narratives and engage audiences sets him apart in the competitive world of content creation.As a dedicated professional, He continues to push boundaries and set new landmarks in their field. Whether it's through captivating blog posts, persuasive copywriting, or innovative content strategies, Nnaemeka’s consistently delivers excellence, leaving a long lasting impact

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