Senate steps down motion to probe failure of Nigerian refineries to produce oil

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Senate steps down motion to probe failure of Nigerian refineries to produce oil
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The Senate President, Godswill Akpabio, said the motion was stepped down until relevant ministers have been appointed by President Bola Tinubu.

has rejected a motion seeking to investigate the moribund condition of the nation’s refineries despite spending several trillions of naira on their maintenance.In the motion, Mr Steve prayed the Senate to constitute an ad-hoc committee to investigate all contracts awarded for the rehabilitation of all four federal government-owned refineries between 2010 and 2023.

Mr Steve added that the committee, when constituted, should invite managers of NNPCL and other petrol agencies to present their plans on Green Energy Sources in line with the Paris Agreement on Climate Change to the Senate for possible review. He also said the federal government had spent over N6 trillion between 2010 and 2020 on fuel subsidy due to Nigeria’s low refining capacity, and almost twice the amount have also been spent on rehabilitating refineries in Port Harcourt, Kaduna and Warri between the same period under review.

Mr Steve said he was disturbed that the Port Harcourt Refinery Company is still not functioning despite the Nigerian government carrying out rehabilitation projects in the refinery for seven years between 2013 – 2019 at an estimated cost of over N12 billion.

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