A former Group General Manager of Planning at the defunct Nigerian National Petroleum Corporation, Babajide Soyode, has said no private operator would be ready to take over the Port Harcourt Oil Refining Company from the government for $2bn. Soyode stated this in an interview with our correspondent in Lagos. The chemical engineer wondered why the Nigerian National Petroleum Corporation Limited would demand that an operator must have $2bn to acquire the newly rehabilitated oil refinery. Platform Africa reports that the NNPCL said it was seeking to engage reputable and credible…
Read MoreStakeholder Faults $2bn Turnover Requirement For P’H Refinery Concession
