National Top Stories

Federal Government Considers Selling Refineries To Attract Investment, Boost Competition In Oil Sector

The Federal Government has indicated plans to sell Nigeria’s four state-owned refineries as part of ongoing economic reforms aimed at attracting investors, boosting competition, and enhancing efficiency in the downstream oil sector. The refineries — located in Port Harcourt, Warri, and Kaduna — have a combined installed capacity of 445,000 barrels per day (bpd) but […]