Wednesday 12 March 2014

Nigeria Still Considering Privatisation Of Refineries – Diezani

Diezani Alison-Madueke
Diezani Allison Madueke



Nigeria’s Minister of Petroleum, Diezani Allison Madueke, says the privatisation of refineries is still very much on the government’s plans.

At Tuesday’s budget defence session in the Senate, the minister said the Federal Government would continue to discuss with the labour unions on the option of privatising the country’s refineries.

She maintained that the government should not be in the business of running refineries.

The Petroleum Minister, however, stated that the government would continue to rehabilitate the refineries while it explored the possibility of privatising them.

The unions had threatened to embark on strike if the government privatised the refinery without proper agreement with the union.
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