DAILY POST
The 2023 Peoples Democratic Party, PDP, presidential candidate, Atiku Abubakar, has said the Nigerian National Petroleum Company Limited, NNPCL, should have sold the Port Harcourt refinery to avoid debt.
Atiku was reacting to the decision of NNPCL to hand over the Port Harcourt refinery to a private firm to operate and maintain.
He noted that the country’s oil firm must explain to Nigerians what they stand to gain by handing over the refinery to a private firm.
Posting on X, the former Vice President lamented that all his suggestions fell on deaf ears.
He wrote: “I have always advocated for far-reaching reforms to reposition Nigeria’s oil sector and, indeed, other sectors of our economy. In particular, I had consistently called on the Buhari administration to break its monopoly in all infrastructure sectors, including the refineries, and give investors, both foreign and domestic, a larger role in funding and management.
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