BINL to Build $15 Billion Oil Refinery in Ondo, Targets 500,000 BPD Capacity
Backbone Infrastructure Nigeria Limited (BINL) has announced a transformative plan to build and operate a 500,000-barrels-per-day (bpd) oil refinery in the Sunshine Industrial Park and Free Trade Zone in Ilaje Local Government Area of Ondo State. The $15 billion project is part of a public-private partnership with the Ondo State…