Chemical Engineers Urge Sale Of State Refineries

Chemical Engineers Urge Sale Of State Refineries

Nigeria must immediately halt costly public rehabilitation projects and sell controlling stakes in its broken state-owned refineries to private operators, the Nigerian Society of Chemical Engineers declared on Saturday. Society president Bayo Olarewaju-Alo warned that pouring more public funds into state refiners merely delays inevitable operational collapse while burning scarce treasury reserves. State maintenance contracts…

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