Business FG Moves to Privatise Refineries - Vanguard

Vunderkind

Social Member
Abuja — The Federal Government appears set to privatise the nation’s four refineries in Port-Hacourt, Warri and Kaduna.

Mr. Ben Dikki, the Director-General of the Bureau of Public Enterprises, BPE, announced this at a briefing in Abuja, yesterday.

He said however, that his team would first secure the cooperation of labour leaders, especially in the oil industry before taking concrete steps in that regard.

His words, “it should be noted that the labour unions have expressed their willingness to dialogue with government to develop appropriate business models for the refineries. This will be followed up and should lead to the commencement of the privatization process in 2014.

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Source: Vanguard newspaper
 

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