National Wire About Nigerians, Nigerian Business and Other Stories
NNPC To Acquire Equity In Private Refineries In Line With FG’s Policy
The Nigerian National Petroleum Corporation has revealed that it is currently considering equity participation in a number of private refineries in the country in line with a Federal Government policy directive which stipulates the mandatory participation of the Corporation in any privately-owned refinery that exceeds 50,000 barrels per day capacity in keeping with its statutory role of safeguarding national energy security.
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