Nigeria: Questions Over P/Harcourt Refinery Shutdown After $1.5bn Rehabilitation

May 27, 2025
[Daily Trust] The announcement of the shutdown of the Port Harcourt Refining Company (PHRC) otherwise known as Port Harcourt Refinery by the Nigerian National Petroleum Company Limited (NNPCL) has continued to generate angry reactions from industry stakeholders and analysts who reiterated calls for a full privatisation of the government-owned refineries to achieve efficiency and optimisation in the operation of the refineries.

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