Nigeria’s Bauchi State to Begin Building Refinery, ThisDay Says

By Vincent Nwanma

March 30 (Bloomberg) -- Nigeria’s northeastern state of Bauchi will next month begin building an oil refinery at a cost of $5 billion, ThisDay reported, citing Muhammed Abdullahi, the state’s information commissioner.

The facility will have the capacity to refine 100,000 barrels of crude per day, the Lagos-based newspaper said. The total cost of the project includes the construction of a pipeline from Eket in the Niger River delta to Bauchi, it said.

To contact the reporter on this story: Vincent Nwanma in Lagos via Johannesburg at pmrichardson@bloomberg.net.