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Originally published by Nation Newstop
October 3, 2026
13h ago
Make Sh2trn Dangote oil refinery deal transparent
The mega foreign direct investment will boost the economy by refining 700,000 barrels of oil a day and employing thousands...
✨ Key Highlights
Excitement surrounds the planned construction of the Sh2 trillion Dangote oil refinery in Lamu, poised to significantly impact the Kenyan economy and the wider East African region. However, calls for transparency regarding the deal have been raised.
- The refinery is expected to process 700,000 barrels of oil daily.
- Key entities involved include the Kenyan government, President William Ruto, the opposition, and the Dangote Group.
- Concerns have been raised about the lack of transparency surrounding the agreement details and the source of crude oil, despite assurances from the Dangote Group.
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