DO MULTINATIONALS CONTROL NIGERIA’S CRUDE-OIL MARKET?

With Nigeria’s new Dangote refinery online and producing gasoline, talks with the authorities on what the market price should be are still underway. Nigeria has heaps of crude (i.e., unrefined) oil but accessing it hasn’t been straightforward for Dangote - even though the local market desperately needs petroleum products and the country wastes fortunes importing them. In this clip, a Ghanaian activist sheds light on why oil multinationals have an interest in ensuring the price of Nigerian crude is hiked for Dangote - alleging also they pull the strings behind the scenes. Do you think Dangote will be (allowed to be) a success?

Video credit: @kofialiabdul