$1.5bn for Port Harcourt refinery repairs a waste, says Peter Obi

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The Former Governor of Anambra State, Peter Obi, has faulted the approval of $1.5 billion by the Federal Government for the renovation of the Port Harcourt refinery.

According to Obi, approving such an amount for refinery repairs in light of Nigeria’s economic situation is a huge waste.

He accused the leaders of worsening the country’s situation by their financial rascality.

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Obi said, “The news of the planned expenditure of a whopping $1.5 billion for Port Harcourt refinery repairs is worrisome to well-meaning Nigerians. In light of our precarious economic situation, it is a huge waste.

“Our country on life support, but sadly the managers of our affairs are worsening the situation by their financial rascality.”

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The PUNCH reported that the Federal Executive Council on Wednesday approved the plan by the Ministry of Petroleum Resources to rehabilitate the Port Harcourt Refinery with $1.5bn.

The post $1.5bn for Port Harcourt refinery repairs a waste, says Peter Obi appeared first on Punch Newspapers.

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