Reducing Africa’s $120bn Hydrocarbon Import Cost Needs Regional Unity – Lokporibi

Leadership | 17-09-2025 05:52pm |

The minister of state for Petroleum Resources (Oil), Sen. Heineken Lokpobiri, has emphasised that regional integration and harmonisation of standards remain key to reducing Africa’s $120 billion annual hydrocarbon import bill. Speaking at the Africa Oil Week (AOW) 2025 Ministerial and CEO Leadership Forum, Lokpobiri reaffirmed Nigeria’s leadership role in advancing the continent’s energy security

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