Nigeria no longer has resources to fund oil industry, FG laments

Federal Government today stated that the country no longer have the resources to fund the country’s oil and gas industry & is therefore, considering & developing new models of financing for the industry in the days ahead.

Speaking at a town hall meeting in Abuja, the Minister of State for Petroleum Resources, Ibe Kachikwu, also stated that in January 2016, the final decision on the fate of the country's refinery