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A tale of two refineries: What Nigeria can learn from South Korea

News & Politics

A tale of two refineries: What Nigeria can learn from South Korea

There’s perhaps no bigger indictment on Nigeria’s oil refining failure than South Korea’s success. 56 years after a major policy rethink that revolutionised South Korea’s refining business, Nigeria’s refineries are still struggling with a long list of excuses and billion-dollar losses to show for it. South Korea boasts of little oil reserves and the maximum…

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