The Nigerian National Petroleum Corporation is to hand over the country’s four refineries to a private firm to manage them on Operations and Maintenance basis.
The Group Managing Director of NNPC, Mele Kyari, who dropped the hint yesterday in Abuja, added that the facilities were being rehabilitated and would be handed over at the conclusion of the exercise. He said: “We are going to get an O&M contract, NNPC won’t run it. We are going to get a firm that will guarantee that this plant would run for some time. We want to try a different model of getting these refineries to run. And we are going to apply this process for their running.”
Kyari pointed out that the country would deploy the NLNG model, adding that private investors were needed to invest in the assets.
Leaders ( atiku PeterObi ) are aways ahead of Mediocre.. 😏😏
So dey hv decided on a private firm chosen by dem secretly 2 continue dr mercantile governance may God help Naija bcos it is nearly a helpless situatn
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NNPC to hand over refineries to private firm | The Guardian Nigeria News - Nigeria and World NewsThe Nigerian National Petroleum Corporation (NNPC) has said the country’s four refineries will be handed over to private firm to manage on operations and maintenance basis. Group Managing Director of NNPC, Mele Kyari, who said this in an interview said the refineries are being rehabilitated and would be handed over after the revamp. The country … Sign the damn contract before audio
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