Modular refineries can reduce subsidy removal pressure, Oyarekhua tells FG

In an Arise Morning Show interview with Arise TV journalists Rueben Abati and Rufia Oseni, Mr. Oyarekhua emphasized that there was an urgent need for the government to support and enhance the efficiency of the existing modular refineries, with the view to enabling them to effectively refine crude oil in the country in line with their installed capacity.

Oyarekhua reiterated the call by the association, CORAN, for an increased crude oil supply to the modular refineries while insisting that the provision of a special intervention fund is necessary to support and encourage modular refineries in the country to perform to meet their installed capacities.