Between NNPC’s Refineries Sale Plan And Heavy Spend On TAM: Which Is The Lesser Evil?

The recent indication that Nigeria’s state-owned Port Harcourt, Warri, and Kaduna refineries may be sold off after an ongoing review of the plants is concluded has sparked mixed reactions. While some hailed the move as a right step towards fostering efficiency in the management of the facilities, others called for retaining them as national assets, expressing misgivings over what could become of the companies in terms of serving public interest after they have been sold off to private investors. This comes after the Group Chief Executive Officer of the Nigeria

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