The Crude Oil Refinery Owners Association of Nigeria has stated that the kind of intervention of the Central Bank of Nigeria in the Dangote Refinery is currently needed for the completion of modular refineries across the country.
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The Crude Oil Refinery Owners Association of Nigeria (CORAN) has urged the Central Bank of Nigeria (CBN) to provide its members with intervention funds such as was given to Dangote to enable them to complete their refinery projects.This was even as they stated that small and medium-sized modular refineries are needed and essential to meet the demand for fuel supply, thus fostering competition.In a statement jointly signed by the Executive.
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