Nigeria’s Costly Refinery Obsession
Nigeria’s moribund refineries have swallowed billions without delivering results. President Bola Tinubu’s revival pledge therefore raises the question: why not sell them? Writes Festus Akanbi Something is unsettling about Nigeria returning,
Nigeria's struggling refineries have consumed billions of dollars without generating the expected outcomes. President Bola Tinubu's pledge to revitalize the state-owned facilities has raised a pertinent question: why not sell them instead? The recurring promise of refurbishing these plants has proven to be an expensive endeavor, with no sustainable results to show for it.
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