Private investor to run National Oil fuel stations

GRAPHIC | GENNEVIEVE AWINO | NMG

The government will hand more than 100 fuel stations owned by the National Oil Corporation of Kenya to a private investor in a rescue deal aimed at shielding it from collapse.

The move is part of a restructuring process that will see the State-owned parastatal, popularly known as National Oil, split into three subsidiaries, under one holding company.

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