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Dearth of $500m investment threatens FG's refineries' upgrade contracts

Published by New Telegraph on Tue, 06 Dec 2016


The dearth of $500 million worth of investments for refineries upgrade has put the federal government's plan for the moribund facilities in jeopardy. Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, had in June said that the Federal Government had begun hunting for $500 million investments for upgrade contracts for four refineries in Nigeria []The post Dearth of $500m investment threatens FG's refineries' upgrade contracts appeared first on New Telegraph Nigerian Newspaper.
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