PETROL PUMP PRICE TO GO DOWN        Vice-President Yemi Osinbajo says that the government is working to  reduce the price of petroleum products by encouraging and working with  private refineries and reducing importation. Osinbajo, who is in the UK  to sign the Nigeria-UK solar energy agreement, told Bloomberg in an  interview…  “We are going to be unbundling the NNPC so that its various  components are effective core centres and are able to do their business  well. We are going to have private refineries at the site of the old  refineries, so they can benefit from the available infrastructure. So,  we think that in the medium term, we would be able to get cheaper pump  price, pump price of oil would be cheaper because we would be importing  far less refined petroleum. A lot of that will be produced locally.     “Now, we have well over 30 modular refineries licences, so we think a  lot of modular refineries would come. Many of them, their major concern  is feed stock, are we going...
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