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Refineries will soon be privatised

27 June 2014, 19:01

Abuja - Nigeria’s four refineries will be up for sale as s soon as the Petroleum Industry Bill (PIB) is passed by the National Assembly and signed into law by the President.

Pipelines and depots will also be concessioned once the bill is signed into law, reports The Sun.

Benjamin Dikki, Director General of Bureau of Public Enterprises (BPE) disclosed this when the Thailand Ambassador to Nigeria, Chailert Limsomboon, paid him a courtesy call.

He noted that the privatisation of the nation’s refineries remained the best way to tackle the problems in the petroleum sector.

Read more at The Sun.

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