The Senate has expressed concern over 1.5 billion dollars approved in 2021 for the turn-around maintenance of the Port Harcourt Refinery with no result.
Chairman of the Senate Ad-Hoc Committee to Investigate the Alleged Economic Sabotage in the Nigerian Petroleum Industry, Opeyemi Bamidele, raised the worry during an interactive session with stakeholders in Abuja.
He lamented that it is unfair and wrong to treat public companies shabbily while private businesses were flourishing and thriving.
Bamidele also expressed concerns about the dysfunctional state of government-owned refineries despite billions of dollars spent on turn-around maintenance.
The lawmaker also recalled that the Federal Executive Council, FEC had approved the plan by the Ministry of Petroleum Resources to rehabilitate and turn around the Port Harcourt Refinery with 1.5
