…We did not revoke licences – DPR
By Udeme Akpan, Energy Editor
AS Nigeria continues to record high level of expired refinery licences, experts, Tuesday, identified lack of funds and feedstock, as factors militating against the construction of new plants.
The experts, who expressed their positions in different interviews with Vanguard, said such investors have the right to reapply for the renewal of their licences.
Specifically, in an interview with Vanguard, Lead Promoter, EnergyHub Nigeria, Dr. Felix Amieyeofori, said: “The investors encounter many problems, including lack of funds and feedstock. But the good thing about it is that they have the right to reapply.”
Similarly, in another interview with Vanguard, former Managing Director, Niger Delta Petroleum Resources, Dr. Layi Fatona, said: “conscientious focus and determination are required in the pursuit and delivery of any project in the Nigerian airspace.”