The Federal Government has admitted that it is not in the best position to manage the nation’s refineries.
Minister of State for Petroleum Resources, Timipre Sylva, stated this during his appearance on Thursday’s edition of Politics Today.
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“I will agree with you that government is not the best manager of refineries and that is why this time, we are actually going to have professional managers to manage the refineries; we are not going to manage the refinery at all,” he said on the Channels Television programme.
Despite the submission, the minister believes it will not be out of place if the government gets the refineries working before taking appropriate decisions.
He explained that the government does not subscribe to the idea of selling off the refineries in their present condition as such action would be widely criticised by citizens.
