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Refineries suffer 13-month loss of N104.3bn, refine zero oil

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A total loss of N104.3bn was recorded by Nigeria’s refineries in 13 months, even as the facilities refined no crude oil throughout the period, the latest report released by the Nigerian National Petroleum Corporation showed. An analysis of the updated consolidated refinery financial performance from February 2020 to February 2021 showed that the plants maintained…


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