NIGERIA, Africa's largest oil producer, plans to begin privatizing its four state-owned oil refineries before the end of the first quarter, Petroleum Minister Diezani Alison-Madueke said.
Alison-Madueke said in an interview with Bloomberg TV Africa in London, "We would like to see major infrastructural entities such as refineries moving out of government hands into the private sector. Government does not want to be in the business of running major infrastructure entities and we haven't done a very good job at it over all these years."
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