The Department of Petroleum Resources (DPR) has denied revoking 32 refinery licenses issued to private companies in Nigeria. “We wish to clarify that DPR did not revoke any refinery licence. “Refinery licenses, like our other regulatory instruments have validity periods for investors to attain certain milestones. x“This does not in any way translate to revocation of licence of the company,” Osu said. According to him, the DPR in line with the aspirations of the government initiated the refinery revolution programme of the country.

Source: The Guardian April 13, 2021 10:52 UTC