Nigeria’s oil company, Oando Plc owned by President Bola Ahmed Tinubu’s nephew, Wale Tinubu, has been shortlisted by the Trinidadian government as one of three final bidders to take over the country’s state-owned refinery, Petrotrin.
The defunct company is a state-owned oil company in Trinidad and Tobago.
He noted that among the initial 10 proposals, three companies had made the final shortlist including, CRO Consortium, a consortium of three Trinidadian companies, INCA Energy, an American company, and Nigeria’s Oando Plc.
The development comes at the same time Nigeria’s state-owned Portharcourt, Warri and Kaduna remain moribund for years.
This comes as the Nigerian National Petroleum Company Limited failed to kick off petroleum production in the Portharcourt refinery after several missed deadlines...
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