The Director General of the Manufacturers Association of Nigeria (MAN), Segun Ajayi-Kadiri, has urged the Federal Government to fully privatise the country’s state-owned refineries, describing them as a “pure drain on the Nigerian economy.”
Ajayi-Kadiri argued that the government should hand over the Port Harcourt, Warri, and Kaduna refineries to the private sector for efficient management and productivity.
“If you ask me, the government should just sell these refineries. Give them to private sector people who will run them efficiently and be able to deliver. When something belongs to everybody, it belongs to nobody,” Ajayi-Kadiri said on Tuesday.