Sell The Refineries Now!

sellPoint: 

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!!!

Counterpoint: 

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.

@Churchillnnobi
Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s