Dr Dakuku Peterside, former Chairman of the House of Representatives Committee on Petroleum (Downstream), has urged the Federal Government to implement policies that incentivise investment in local refinery capacity. Peterside, in an interview with the News Agency of Nigeria (NAN) on Wednesday in Lagos, emphasised the need to attract private capital to crude oil refining due to its significant impact on the economy and job creation. “We must be mindful of the signals we send; otherwise, no one will invest in the sector. “Refining is a low-margin business exposed to global market fluctuations,” Peterside said. READ ALSO: Tinubu committed to
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