$1.5bn for Port Harcourt Refinery repairs a waste – Mr. Peter Obi

Anambra State former Governor, Mr. Peter Obi said approval of $1.5bn by the Federal Executive Council for the rehabilitation of Port Harcourt Refinery is a huge waste.

He accused the leaders, for worsening the Country’s situation by approving such an amount for Refinery repairs in the light of Nigeria’s economic situation.

The news of the planned expenditure of such a whopping $1.5bn for Port Harcourt Refinery repairs is so worrisome to well meaning Nigerians in this precarious economic situation, is a total waste.

Mr. Obi said, “our Country is on life support, but sadly the managers of our affairs are worsening the situation by their financial rascality”.

Meanwhile, the Federal Executive Council on Wednesday, approved the plan by the Ministry of Petroleum Resources to rehabilitate the Port Harcourt Refinery.