
Don’t rush to sell Nigeria’s refineries, Iledare cautions Tinubu, NNPCL – Proposes better path forward
The primary challenge facing the refineries is not government ownership but operational inefficiency.
The primary challenge facing the refineries is not government ownership but operational inefficiency.
Some of those technologies have not worked as we expected so far
The new management also asked many officials with one year to their various retirement dates to leave.
But in all honesty, the refinery is working, and these products are all there and coming out
We are anxiously waiting for a similar gesture to Kaduna Refinery. A country that cannot process its natural resources is still a colony.
Recall that promises made to Nigerians by the Federal Ministry of Petroleum Resources and the NNPC about the refinery failed seven times before now.
The President of the Dangote Group, Aliko Dangote, said $4bn had been spent by the Federal Government in an attempt to revive the nation’s refineries.
Margaret Oguntala described the facility as “mind-blowing”. She added that the refinery project from construction to employment, gives her hope and assurance that young Nigerian engineers are ready to take up the world.
It was observed that promises made to Nigerians by the Federal Ministry of Petroleum Resources and NNPC about the refinery have continued to witness multiple failures.
the development would stimulate economic activities, reduce the price of petroleum products and ensure adequate supply.