African countries would require about $15.7 billion to upgrade existing 36 refineries on the continent, the African Refiners and Distributors Association (ARDA) has said. In a breakdown, the Association’s Executive Secretary, Mr Anibor Kragha, who spoke at a workshop on ‘Upgrading African Refineries to Produce Cleaner Fuels’, said North Africa with 17 refineries would require capital expenditure of $5.955 billion for refineries upgrade while West and Central Africa with 12 refineries would need $6.285 billion. For East Africa and Southern Africa with seven refineries he said a total of $3.415 billion would be needed. TETFund Not Offering Nigerian Students N20,000 GrantCLAIM: A website claims that the Tertiary Education Trust Fund (TETFund) is offering Nigerian students N20,000 grant. This is being sent to unsuspecting students as a bulk SMS with the name Tetfund2021.African countries will require $16 billion for upgrade of 36 refineries

Source: Nigerian Tribune June 03, 2021 21:00 UTC