The Administration of Muhammadu Buhari will revive our decapitated refineries and re-start domestic production of refined petroleum products. Already, the PH and Warri refineries have given an indication to restart production shortly to meet local demand. Good News!!!
Highly unsustainable. Will lead to inefficient production and a continuation of the culture of corruption. Way to go: Transparently and completely sell all our refineries to oil corporations that understand (and are serious with) the business of crude oil refining. Not a repeat of the “magomago” in the sale of PHCN to incompetent, unprepared and undercapitalized political cronies that for now has crippled the power sector in Nigeria.