Home / E GIST / Using $1.5 billion to renovate Port Harcourt refinery is a huge waste – Peter Obi blasts FG

Using $1.5 billion to renovate Port Harcourt refinery is a huge waste – Peter Obi blasts FG

A former Governor of Anambra State, Peter Obi, has slammed the Federal Authorities of Nigeria for approving $1.5 billion to renovate the Port Harcourt refinery.

Obi, in a tweet through his Twitter deal with on Friday, stated it was a ‘large waste,’ for the current administration to renovate the Port Harcourt refinery with such an amount of cash.

In keeping with him, the Federal Authorities, which is meant to handle the affairs of the nation, is worsening the state of affairs by their monetary rascality.

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He tweeted, “The information of the deliberate expenditure of a whopping $1.5 billion for Port Harcourt refinery repairs is worrisome to well-meaning Nigerians. In mild of our precarious financial state of affairs, it’s a large waste.

“Our nation is on life help, however sadly, the managers of our affairs are worsening the state of affairs by their monetary rascality.”

DAILY POST recollects that the Federal Government Council (FEC) on Wednesday accredited 1.5 billion {dollars} for the rehabilitation of the Port Harcourt Refinery in Rivers State.

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Minister of State for Petroleum Assets, Timipre Sylva, made the disclosure whereas briefing State Home correspondents on the end result of the Council assembly held on the Presidential Villa, Abuja.

Utilizing $1.5 billion to renovate Port Harcourt refinery is a big waste – Peter Obi blasts FG

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