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Nigeria's oil industry, which accounts for approximately 90% of the country's foreign exchange earnings, has been a significant contributor to its economic growth. However, the benefits of this natural resource have not trickled down to the masses. The country's refineries operate below capacity, leading to a reliance on imported fuel to meet the demand.
PRC Europe (May 13-14, 2024, Amsterdam) is an annual closed-door Downstream Oil and Gas B2B networking Congress focusing on industry defossilisation and decarbonisation at the core of its programme.