JOHANNESBURG--February 27, 2013--Written by Richard Finlayson, Senior International Editor for Industrial Info Resources (Sugar Land, Texas)--In January, the Daily Trust in Nigeria's capital Abuja revealed that bureaucratic delays, lack of funding and technical incompetence had stalled the establishment of nine private refinery projects that had been approved by the government. The report said that since 2002, the federal government had been granting licenses for the establishment of private refineries to address the fuel importation problem in the country, but none had taken off.
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