The approval of $1.5 billion by the Federal Government for the renovation of the Port Harcourt refinery has been faulted by the Former Governor of Anambra State, Peter Obi.
According to Obi, approving such an amount for refinery repairs considering Nigeria’s economic situation is a huge waste.
The former Vice-Presidential candidate accused the leaders of worsening the country’s situation by their financial rascality.
Obi said on Twitter, “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.”
Recall 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 decision was taken at the weekly meeting of the council presided over by the President Muhammadu Buhari.
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Tagged as: FEC, Peter Obi, Portharcourt Refinery.
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