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FEC Approves $4.26Bn For Refineries’ Rehabilitation, Equity In Dangote Refinery

The Federal Executive Council (FEC) on Wednesday approved $1.5 billion contract for the rehabilitation of Kaduna and Warri refineries. This is even as the Council also ratified $.2.76 billion for the Federal Government’s equity in Dangote Petroleum and Petro-Chemical Refinery. The Kaduna and Warri refineries have remained in comatose for over four years, despite billions […]