The Conference of Nigerian Political Parties , CNPP, has requested the Minister of Finance and Coordinating Minister of Economy, Dr Ngozi Okonjo-Iweala, to give full disclosure of transactions concerning the contract for three Greenfield refineries and petrochemical plant awarded by President Goodluck Jonathan for $23 billion.

Spokesman of the group, Mr. Osita Okechukwu, who disclosed this in Enugu yesterday, said the group derived its powers to demand for the explanation from the Freedom of Information, FoI, Act.

The request was made in a letter dated March 9, 2015, and titled, ‘Request for Information on three Greenfield refineries’, and read: “May I under the Freedom of Information Act 2011, request for the full disclosure of transactions concerning the three Greenfield refineries and petrochemical plant contract awarded on May 13, 2010, by President Goodluck Jonathan to Chinese State Construction and Engineering Corporation Limited, CSCEC,, at $23 billion meant to be located at Bayelsa, Kogi and Lagos states.

“Secondly, why are they dead on arrival as six years down the line, neither the three Greenfield refineries nor petrochemical plant is under construction. “The three Greenfield refineries one understands, on completion were to add 750,000 barrels per day capacity to Nigeria’s refining infrastructure and create over a million jobs. “In addition, the petrochemical plant was to source natural gas from Nigeria’s gas master plan, produce polymers, solvents and fertilizer, thus boosting food production and textile industry.

“Accordingly, the three refineries and the petrochemical plant could have stemmed the flood of imported refined products in the country, hence ploughing back the over $10 billion spent annually into our economy.” Okechukwu expressed regret that the abandonment of such critical refining infrastructure stimulated closure of factories, crash of the naira, gross unemployment, return of huge debt trap and fuel scarcity, to mention but a few.

http://bizwatchnigeria.ng/cnpp-queries-finance-minister-23-billion-dollars-greenfield-refineries-contract/

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Our political [mis]leaders, una no dey tire for drama?

If the over N600 billion annual fuel subsidy overcharge by Iweala and madueke for the past 5 years was plunge into the project, two of the three refineries will have been completed. Imagine how much Nigeria would have saved and the number of job that will have been generated.

SAI BUHARI JOO!

Corruption is bedeviling nigeria as a country. Insincere leaders is what we have

GEJ is doing his best. It is the APC people that are disturbing him.

That's why the refineries are not available yet

This government has got to be the most corrupt ever in the history of humankind. When you imagine the opportunity cost of their acts of brazen theft then you would see reasons why they should be treated like those war criminals from WWII.

Haa contract for minister?2 work for a person in the country with high rate of unemployment

they should not query ham hoo bcs our leaving president say stealing is not corruption..

Useless pple

we need change

Mynd44:
GEJ is doing his best. It is the APC people that are disturbing him.

That's why the refineries are not available yet

lolz

Mynd44:
GEJ is doing his best. It is the APC people that are disturbing him.

That's why the refineries are not available yet

APC is less than 2 years, what has he been doing all dis while?