BREAKING: Heaps of Lies Will Be Reaped in Due Time – Obasanjo Reacts to Nigerian Refineries’ Commencement
Former President Olusegun Obasanjo has expressed scepticism over the commencement of operations at Nigeria’s government-owned refineries.
The Nigerian National Petroleum Company Limited (NNPC) recently announced the restart of the 125,000 barrels per day (bpd) Warri Refinery and Petrochemical Company (WRPC), which was first approved for rehabilitation at the sum of $897 million in 2021.
Nigeria has four national refineries, one each in Kaduna and Warri, and two in Port Harcourt. The 60,000bpd phase one of the Port Harcourt refinery began the refining of key fuels a few weeks ago. It can be recalled that the All Progressives Congress (APC) administration of former President Muhammadu Buhari had awarded the contract for complete rehabilitation and overhaul of the four state-owned refineries over three years ago.
However, Obasanjo has questioned the viability of the refineries, citing a past experience where...