By Anifowoshe Oladipupo<\/p>\n
The Crude Oil Refiners Association of Nigeria (CORAN), will host a landmark summit on October 6-7, 2025, to tackle Africa\u2019s heavy dependence on imported petroleum products.<\/p>\n
The two-day conference, themed \u201cRefining: Key to Energy Security in Africa,\u201d will bring together leaders from government, industry, and finance at Eko Hotels & Suites, Lagos.<\/p>\n
Despite being a leading crude oil producer, Africa and Nigeria in particular imports over 90 percent of its refined fuel, a costly practice that drains reserves and exposes economies to global price shocks.<\/p>\n
The removal of fuel subsidy in 2023 further highlighted the urgency of developing a self-sufficient refining sector.<\/p>\n
With several new conventional and modular refineries emerging, policymakers say the continent now has a chance to redefine its energy future.<\/p>\n
The summit will focus on driving policy reforms, forging partnerships, and positioning Nigeria as a continental refining hub.<\/p>\n
CORAN President, Momoh Jimah Oyarekhua, said the gathering will serve as a \u201crallying point for action\u201d to boost local refining, create jobs, and secure Africa\u2019s energy future.<\/p>\n","protected":false},"excerpt":{"rendered":"
By Anifowoshe Oladipupo The Crude Oil Refiners Association of Nigeria (CORAN), will host a landmark summit on October 6-7, 2025, to tackle Africa\u2019s heavy dependence on imported petroleum products. The two-day conference, themed \u201cRefining: Key to Energy Security in Africa,\u201d will bring together leaders from government, industry, and finance at Eko Hotels & Suites, Lagos. […]<\/p>\n","protected":false},"author":29,"featured_media":74967,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[172],"tags":[],"class_list":["post-74965","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"aioseo_notices":[],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts\/74965","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/users\/29"}],"replies":[{"embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/comments?post=74965"}],"version-history":[{"count":1,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts\/74965\/revisions"}],"predecessor-version":[{"id":74968,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts\/74965\/revisions\/74968"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/media\/74967"}],"wp:attachment":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/media?parent=74965"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/categories?post=74965"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/tags?post=74965"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}