Can Nigeria Break the 'Oil Curse' with New Investments? | FT Film
Nigeria faces ongoing challenges in its oil industry, including theft and under-investment. Will the $20bn Dangote refinery and subsidy reforms finally turn the tide? 🌍

Financial Times
431.3K views • Aug 1, 2024

About this video
Nigeria's oil sector has been plagued by profiteering, theft and under-investment. Can the new $20bn Dangote refinery and ending expensive fuel subsidies help to transform the industry - and the wider economy?
#nigeria #dangote #oil #alikodangote #dangotegroup #oilrefinery #shell #portharcourt #chowdeck #aramide #heirsenergies #heirsholdings #solomonndigbara #mend #fynefacedumnamene #kensarowiwa #nigerdelta #ogoniland #lagos #africa
00:00 Can Nigeria break the ‘oil curse’?
00:56 Why Nigeria needs local refineries
01:56 The history of oil in Nigeria
03:18 The problem with state refineries
04:33 The new Dangote refinery
06:49 Who is Aliko Dangote?
07:53 Can the Dangote refinery succeed?
09:45 Chowdeck and the end of fuel subsidies
11:43 Fuel subsidies: part of the psyche
13:49 Aramide: a singer’s perspective
15:05 Shock therapy
16:10 Problems in the Niger Delta
17:02 The ex-militant
20:14 The environmentalist
21:30 The artisanal refiner
22:50 The security situation
24:52 Heirs Energies and Africapitalism
27:41 Has oil benefited all Nigerians
29:28 A transformational economy?
30:22 credits
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#nigeria #dangote #oil #alikodangote #dangotegroup #oilrefinery #shell #portharcourt #chowdeck #aramide #heirsenergies #heirsholdings #solomonndigbara #mend #fynefacedumnamene #kensarowiwa #nigerdelta #ogoniland #lagos #africa
00:00 Can Nigeria break the ‘oil curse’?
00:56 Why Nigeria needs local refineries
01:56 The history of oil in Nigeria
03:18 The problem with state refineries
04:33 The new Dangote refinery
06:49 Who is Aliko Dangote?
07:53 Can the Dangote refinery succeed?
09:45 Chowdeck and the end of fuel subsidies
11:43 Fuel subsidies: part of the psyche
13:49 Aramide: a singer’s perspective
15:05 Shock therapy
16:10 Problems in the Niger Delta
17:02 The ex-militant
20:14 The environmentalist
21:30 The artisanal refiner
22:50 The security situation
24:52 Heirs Energies and Africapitalism
27:41 Has oil benefited all Nigerians
29:28 A transformational economy?
30:22 credits
See if you get the FT for free as a student (http://ft.com/schoolsarefree) or start a £1 trial: https://subs.ft.com/spa3_trial?segmentId=3d4ba81b-96bb-cef0-9ece-29efd6ef2132.
► Check out our Community tab for more stories: https://www.youtube.com/@FinancialTimes/community
► Listen to our podcasts: https://www.ft.com/podcasts
► Follow us on Instagram: https://www.instagram.com/financialtimes'
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Video Information
Views
431.3K
Likes
5.8K
Duration
30:34
Published
Aug 1, 2024
User Reviews
4.6
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