
Energy expert Dan Kunle has recommended that President Bola Tinubu privatise Nigeria's four state-owned refineries. He argues that years of public investment in these facilities have not produced significant value and are a financial burden on the economy, according to Premium Times.
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An open letter addressed to the President of Nigeria discusses the need for the privatization of the country's four refineries, referred to as 'diseased fingers.' The author expresses respect and humility while emphasizing the urgency of this issue since the President took office. The letter aims to draw attention to the challenges facing the refineries and the potential benefits of privatization.
Daily Trust·July 5, 2026 at 2:04 PM
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Tribune Online (NG)·July 5, 2026 at 2:40 PM
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Punch·June 25, 2026 at 12:02 AM
Nigerian President Bola Tinubu has called on African nations to cease the export of raw minerals and focus on enhancing value addition through processing, technology transfer, and industrial development. He emphasized the need for collaboration among African countries to ensure the continent maximizes its benefits from its abundant mineral resources, according to Premium Times Business.
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Former Lagos State Governor Babatunde Fashola stated that his administration reduced the price of land allocated to the Dangote Group in order to secure the investment for the Dangote Petroleum Refinery, which is located in the Lekki Free Zone.
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On Monday, the Federal Executive Council of Nigeria approved nearly three trillion naira in new spending during a single meeting. The funding is allocated for various sectors including roads, health, ports, and youth service reform, with a financing package amounting to billions of naira, according to Leadership (NG).
Leadership (NG)·July 5, 2026 at 5:52 AM