OKIKI ADEDUYITE FROM PUNCH
Former President Olusegun Obasanjo has revealed new details about Nigeria’s refinery woes, recounting failed efforts to privatise the country’s refineries and the subsequent financial losses under government management.
In an exclusive interview with Channels TV on Thursday, Obasanjo discussed the Port Harcourt, Warri, and Kaduna refineries during his presidency.
He explained how he sought external help to rehabilitate and manage the facilities but faced resistance.
He recalled, “I asked Shell to come and run it for us and Shell said they wouldn’t I said, Please come and take equity they said no. I said okay, don’t take equity, come and run it, they said no.
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