Co-founder of Sahara Energy, Tonye Cole, has called on the federal government to privatize all its four refineries.
Cole gave the advice on Friday, while responding to questions in an interview on ‘Politics Today’, a programme on Channels Television.
The Rivers State All Progressives Congress, APC, governorship candidate in the 2023 general elections also urged the government to keep a stake in the privatization so that the people’s interests would still be represented in it.
“If I were the federal government today, I will prioritise the privatisation of the 4 refineries with government keeping a stake in it so that the peoples interest are still represented in it.
“For the sake of Nigerians, the government can privatize the four refineries and put them in the hands of the people that can make them work.
“We don’t have enough refineries in Nigeria as we speak today to meet our demands. So allow those refineries to work.
“As for NUPENG, on their own too, competition would drive them to a better efficiency,” he stated.
Privatize all public refineries – Tonye Cole urges Nigerian govt
