Senate probes $1.5bn spent on P/Harcourt Refinery rehabilitation
moderator
The Senate has raised concerns over the 1.5 billion dollars approved in 2021 for the turn-around maintenance of the Port Harcourt Refinery with little or no result.
Sen. Opeyemi Bamidele, Chairman, of the Senate Ad Hoc Committee to Investigate the Alleged Economic Sabotage in the Nigerian Petroleum Industry, raised the concern during an interactive session with stakeholders on Wednesday, in Abuja.
The Senate has raised concerns over the 1.5 billion dollars approved in 2021 for the turn-around maintenance of the Port Harcourt Refinery with little or no result.
Sen. Opeyemi Bamidele, Chairman, of the Senate Ad Hoc Committee to Investigate the Alleged Economic Sabotage in the Nigerian Petroleum Industry, raised the concern during an interactive session with stakeholders on Wednesday, in Abuja.
The Senate has raised concerns over the 1.5 billion dollars approved in 2021 for the turn-around maintenance of the Port Harcourt Refinery with little or no result.
Sen. Opeyemi Bamidele, Chairman, of the Senate Ad Hoc Committee to Investigate the Alleged Economic Sabotage in the Nigerian Petroleum Industry, raised the concern during an interactive session with stakeholders on Wednesday, in Abuja.
The Senate has raised concerns over the 1.5 billion dollars approved in 2021 for the turn-around maintenance of the Port Harcourt Refinery with little or no result.
Sen. Opeyemi Bamidele, Chairman, of the Senate Ad Hoc Committee to Investigate the Alleged Economic Sabotage in the Nigerian Petroleum Industry, raised the concern during an interactive session with stakeholders on Wednesday, in Abuja.
The Senate has raised concerns over the 1.5 billion dollars approved in 2021 for the turn-around maintenance of the Port Harcourt Refinery with little or no result.
Sen. Opeyemi Bamidele, Chairman, of the Senate Ad Hoc Committee to Investigate the Alleged Economic Sabotage in the Nigerian Petroleum Industry, raised the concern during an interactive session with stakeholders on Wednesday, in Abuja.
“They are deliberate, they are calculated. So, that creates the impression that NNPCL and our leadership are doing anything to create economic sabotage in our country.
“It is far from it. This company has grown. We are proud to say this. From a lost company for 43 years to a profit-making company today,” said Kyari.
Also, Mr Heineken Lokpobiri, minister of state for Petroleum Resources, said that the oil sector was bedeviled by a lot misinformation.
“This senate should do Nigerians a favour by televising the proceedings of this committee live.
“This will do a whole lot of justice not only to the Senate but we in the Executive and key leaders in the sector.
“Because of the fundamental nature of this investigation that has to do with alleged economic sabotage with importation of substandard products into the country, we urge the Senate to ensure we do a live broadcast,” he said.
He said government was committed to ensuring that local industries and all stakeholders in the oil sector were protected.
“We are committed to supporting Dangote Refinery; we are also supporting modular refineries and we have been resolving whatever issues they had brought to our attention,” the minister said.
Also speaking at the investigative hearing, Mr Aliyu Suleiman, Chief Strategy Officer, Dangote Industry Ltd., said the refinery started full production in March.
“Since then, we have processed about 50 million barrels of crude. We have produced about five million tons of petroleum products and these petroleum products have been sold in various parts of the country,” he said.
Mr Wale Edun, Minister of Finance and Coordinating Minister of the Economy, in his own remarks, said the increase in crude oil production would stabilise the country’s foreign exchange market.
https://www.vanguardngr.com/2024/08/senate-probes-1-5bn-spent-on-p-harcourt-refinery-rehabilitation/
