NNPC Not Built to Run Refineries for Profit, Ojulari Says
Abuja The Group Chief Executive Officer of NNPC Limited, Bayo Ojulari, has acknowledged that Nigeria’s national oil company currently lacks the capacity to operate state-owned refineries profitably, describing the costly reactivation of the Port Harcourt Refinery as a strategic misstep that resulted in sustained financial losses for the country. Ojulari disclosed on Wednesday while speaking […]
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