These 4 charts show why Nigerian refineries are in a sorry state 

Running its refineries is rocket science for Nigeria, Africa’s largest oil producer, which has continued to import around 90 percent of its petroleum and related products despite decades and millions spent to refine locally. The poor state of the country’s refineries is well-known but the maiden audited financial accounts by the Nigerian National Petroleum Corporation…

This content is for Standard Bi-Annual, Premium Bi-Annual, Standard Yearly, Premium Yearly, Staff, 2 Weeks FREE plan, Standard Bi-Annual USD, Standard Yearly USD, Premium Bi-Annual USD, Premium Yearly USD, BusinessDay/Ready Set Work Premium Yearly (FREE), 2 Weeks FREE plan (Flutterwave), Premium Yearly (Union Bank), Combo offer with print, Standard Yearly- Welcome Back Package, Premium Yearly (CFA Society Nigeria ), Monthly Plan , USD monthly, N500 for 1 Month, $1.75 for 1 month, 1 Month Free , N500 for 1 month**, N1,000 for 2 months, N1,000 per Month , and Test Free Card members only. Visit the site and log in/register to read.

Find more latest news and headlines from the newspaper