Nigeria’s Declining Refineries: Growing Interest in Their Sale
The saga surrounding Nigeria’s state-owned refineries brings to light a deeply rooted issue that extends beyond mere economics; it's a microcosm of the challenges facing the country’s oil sector. Recently, Aliko Dangote, often regarded as not just Nigeria’s richest man but a significant player in the global oil market, denounced the extensive investments made towards the revival of these refineries, labeling them a "complete waste of resources." This stark assessment raises essential questions: What does this say about…