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Buhari approves 65 licenses for private refineries

President Muhammadu Buhari has reportedly granted licenses to 65 Nigerian companies to construct modular refineries.

The companies were selected from about 285 applications that were screened for the purpose.

Modular refineries are mini-refineries with capacities ranging from 1,000 to 10,000 barrels per day, bpd,

According to Vanguard, the decision was taken within 10 days in office of the president though DPR has feigned ignorance of the development.

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