Two Nigerians, Hakeem Bello- Osagie and Bayo Ogunlesi are poised to invest in the Nigerian oil and gas sector.
The oil and gas investments are expected to be situated in Lagos.
Badagry , a town along Nigeria – Benin Republic border has a large deposit of hydrocarbons.
Oil Deposits
Folawiyo group has already discovered oil deposit offshore the lagoon in the Badagry waters.
Hydrocarbons are found in the Niger Delta trough, Lagos – Badagry basin as well Benue – Lake Chad basin.
The new mega refinery project is expected to add value to Aliko Dangote’s $20 billion refinery empire.
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