Monday, July 26, 2021

    Nigerians Kick Against $1.5billion Allocated to Rehabilitate PH Refinery’, say Funds can Repair All Refineries

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    Naija247news is an investigative news platform that tracks news on Nigerian Economy, Business, Politics, Financial and Africa and Global Economy.

    Nigerians have scolded the Nigerian government for voting “a huge sum” such as $1.5 billion for the rehabilitation of the Port Harcourt Refinery, noting that the same amount of money can fix all the country’s moribund refineries.

    Nigerians on social media feared that the sum will be embezzled or spent on politics or to curry political favour.

    The Nigerian government had on Wednesday approved the sum of $1.5 billion for the rehabilitation of the Port Harcourt Refinery.

    The Minister of State for Petroleum Resources, Timipre Sylva, had stated this while briefing newsmen at the end of the Federal Executive Council meeting presided over by President Muhammadu Buhari at the Council Chamber, Presidential Villa, Abuja, on Thursday.

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