BINL to Build $15 billion 500,000 BPD Refinery, Establish Free Trade Zone in Ondo State

Backbone Infrastructure Nigeria Limited (BINL) has concluded plans to construct and operate a 500,000 barrel per day (BPD) refinery at the Sunshine Industrial Park in Ogboti, Eruuna and establish the Sunshine Free Trade Zone (FTZ) in the Ilaje Local Government Area of Ondo State. The refinery, a joint venture with the Ondo State Government represented…

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