Sunday 21 January 2018
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5 months ago

… Fails to secure $1bn offshore funding  for refineries’ rehabilitation

By Adewale Sanyaolu The inability of the Federal Government to secure about $1 billion in offshore financing for the rehabilitation of the three refineries in Port Harcourt, Warri and Kaduna may have compelled it to opt for a new financing model. Minister of State for Petroleum Resources, Mr. Ibe Kachikwu, who disclosed the latest strategy...

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