Chinese investors eye investment in modular refineries, infrastructure


Investors from China have indicated their interest in building multi-billion dollar modular refineries in Nigeria’s Niger Delta region, Daily Trust reports.

The modular refinery initiative, which featured prominently in talks between the Federal Government and the oil-producing regions, was to discourage illegal refineries and oil pollution. Mr Shaui Jiang, leader of the delegation, said the group is also investing in other areas of the Nigerian economy especially agriculture and infrastructure.

At a meeting with the Senior Special Assistant to the President on Foreign Affairs and Diaspora, Mrs Abike Dabiri-Erewa, in Abuja, he said; “We are interested in investing in energy which include oil and gas, power, mining and renewable energy. We are also interested in building modular refineries for communities to address the challenges in that region.”