Only 10% of privatised companies in Nigeria are functional

For 11 years, it was alive as though a living dead. The decision to privatise it changed the fortune of Eleme Petrochemicals Limited. Ten years after its acquisition, a $1.4b fertiliser plant and a $130 million export terminal have been added to the once-moribund empire. OLUKOREDE YISHAU writes on the transformation , which has shown that if well done, the […]

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