x

Reps To Investigate $1.5bn Port Harcourt Refinery Rehabilitation Cost

The House of Representatives has mandated its committee on Petroleum Resources Downstream to organise an investigative hearing to ascertain the true state of the Port Harcourt refinery which the Federal Government has approved the sum of $1.5billion for the rehabilitation.

The House also mandated the committee to carry out a comprehensive audit of funds previously spent on the Port Harcourt refinery and other refineries across the country.

This decision follows a motion moved as a matter of public importance by Representative Onofiok Luke.

The lawmakers expressed worry that so much had been spent on maintaining and rehabilitating the refineries but the outputs have barely improved.

They also asked the Federal Government to grant licenses and provide incentives for the construction of modular refineries.

The Federal Executive Council last week approved $1.5 billion for the rehabilitation of the Port Harcourt refinery which is said to commence immediately.

The Minister of State for Petroleum Resources, Timipre Sylva, who made the announcement after the FEC meeting said the rehabilitation will be carried out in three phases.

Hot this week

Manchester United Facing ‘Crisis’ Fears Amid Fresh Uncertainty Over Ruben Amorim’s Future

Manchester United are reportedly edging toward another managerial crisis...

Dogara Applauds Tinubu’s Education Policies, Calls for Sustenance of NELFUND

By Noah Ocheni, LokojaFormer Speaker of the House of...

Kano PCC Vows Free Justice for All, Extends Services to Remote Communities

By Jabiru HassanThe Federal Commissioner of the Public Complaints...

INSPIRATION: “TIME”

By Mary EwaTime... the beginning of all ages. Through time, the...

Police recover 72 phones from robbery syndicate in A’ibom

By Ogenyi Ogenyi,UyoThe Police in Akwa Ibom has smashed...

You’ll Remain a social media president- Wike taunts Peter Obi

By Joyce Remi-BabayejuThe FCT Minister, Barr. Nyesom Wike...

Dualization of Apo, Wasa Junction Is Tinubu’s Fulfilled Promise — Wike

By Joyce Remi-BabayejuThe FCT Minister Barr. Nysome Wike...

Minister Wike and the zone 6 neighbourhood park conversion saga in Abuja (II)

By Tpl. Umar Shuaibu.Deriving its power from the FCT...

NAF Seeks Stronger Partnership with Journalists

The Director of Public Relations and Information of the Nigerian Air Force, Air Commodore, Air Commodore Ehimen Ejodame, made this known during an interactive session with the leadership of the Nigeria Union of Journalists (NUJ), FCT Council led by the Chairman, Ms. Grace Ike

MRA Condemns INEC’s N1.5bn Fee for Voters Register Under FOI Act

By Achadu Gabriel, KadunaThe Independent National Electoral Commission (INEC)...

Kano PCC Vows Free Justice for All, Extends Services to Remote Communities

By Jabiru HassanThe Federal Commissioner of the Public Complaints...

Related Articles

Popular Categories

spot_imgspot_img