Oil
EFCC uncovers illegal refinery operated by Chinese in Ogun
CEII brief
Punch reported on 3 Nov 2026: EFCC uncovers illegal refinery operated by Chinese in Ogun.
Read the full story on PunchThe EFCC has uncovered an illegal oil refinery allegedly operated by Chinese nationals in the Ogere area of Ogun State, following intelligence gathering.
Context from CEII
Crude benchmarks move budgets, currencies and inflation in producer and importer countries alike. For economies such as Nigeria, where fuels dominate exports, production and refining decisions move the whole economy.
85.9% of Nigeria’s merchandise exports were fuels in 2025Countries in this story
Original reporting © Punch. Headline and excerpt quoted with attribution; the full article is available on the publisher’s site. CEII’s context is the Centre’s own and does not represent the publisher.
