Nigeria’s fuel crisis: Why smaller, more flexible refineries aren’t the full answer

President Buhari

Nigerian President Muhammadu Buhari. Nigeria is facing an ever-growing fuel crisis despite its vast oil reserves. PHOTO | AFP 

Photo credit: File | AFP

Nigeria’s growing population of over 200 million people is facing an ever-growing fuel crisis despite its vast oil reserves.

The shortage of refining capacity at existing oil refineries is the main driver of Nigeria’s fuel crisis, which hampers the socio-economic development of the country.