Nigeria Needs $500m To Fix Refineries – Kachikwu | Independent Newspapers Limited
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Nigeria Needs $500m To Fix Refineries – Kachikwu

Posted: Mar 13, 2016 at 7:03 pm   /   by   /   comments (0)

The Minister of State for Petroleum and Group Managing Director of Nigeria National Petroleum Corporation (NNPC) Dr. Emmanuel Ibe Kachikwu has said that the four refineries in the country will require between $300 million to $500 million to function effectively.

The minister disclosed this during an interactive meeting with the joint House of Representatives Committee on Gas Resources, Petroleum (Downstream and Upstream) and Local Content chaired by Rep Victor Nwokolo over the controversy on the recent unbundling of NNPC to 30 companies.

Details Later ……