NNPCL's $25B China Deal: Will It Revive Nigeria's Refineries or Fail Again?

Description

Nigeria’s latest Memorandum of Understanding (MoU) with Chinese firms Sanjiang Chemical and Xingcheng Industrial Park has sparked intense debate over the future of the country’s refineries. The "Technical Equity Partnership" (TEP) is being touted by NNPC as a performance-driven shift away from failed Turn Around Maintenance (TAM) models. However, critics point to a history of $25 billion in wasted spending and the ongoing idleness of the Port Harcourt and Warri refineries despite multiple "mechanical completion" claims. Chief Executive Officer of TAO Energy, Dr Tobi Oluwatola, joins the discussion. SUBSCRIBE to our YouTube channel: http://youtube.com/newscentraltvafrica for more videos Follow News Central on: Facebook: https://www.facebook.com/NewsCentralAfrica Twitter: https://twitter.com/NewsCentralTV Instagram: https://www.instagram.com/newscentraltv LinkedIn: https://www.linkedin.com/company/18775091/admin/feed/ Threads: https://www.threads.net/@newscentraltv TikTok: https://www.tiktok.com/@newscentraltv For more content, go to: https://newscentral.africa #NewsCentral #Nigeria #Politics #AfricaFirst #Africa #News #WestAfrica #ECOWAS #Government #Governance