Energy
The pleasant news of the Petroleum Industry Bill passage by the National Assembly almost drowned the continued concerns and discourse being generated over the propriety or otherwise of the move by the Nigeria National Petroleum Corporationâs acquisition of 20per cent stake in Dangote Refinery and Petrochemicals. Regardless of the heat this historic downstream deal is generating, the share purchase move by NNPC may be a good sign that it is ready and equipped to play in the PIB space. Chris Paul reports
The week ended on two positive notes: the passing of the PIB by both chambers of the National Assembly and the signing of the term sheet between NNPC and Dangote Refinery.
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