Investors to build refineries

by Adekunle Okunoye on February 25, 2010

House of Representatives, on Tuesday, passed a bill, which will mandate investors in the nation’s oil exploration to also build and maintain refineries.
According to the bill, sponsored by Emmanuel Oyeyemi Adedeji, building and operation of refineries would become part of the conditions to be fulfilled by would-be investors before operations license could be approved by the government.

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