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House Of Rep Members Bid To Spend $1.8bn On Refinery Facilities - Business - Nairaland

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House Of Rep Members Bid To Spend $1.8bn On Refinery Facilities by justokmusic: 10:36am On Nov 22, 2017
Nigeria’s House of Representative has on Tuesday questioned the viability of further expenditure on the country’s four Refinery facilities, including daily allocation of 445,000 barrels of crude to the facilities.

The House of Rep members also queried a fresh bid by the Nigerian Petroleum Corporation to to spend $1.8bn on the Turn Around Maintenance of the Refinery facilities located in cities like, Port Harcourt, Kaduna and Warri.

It noted that the refineries had already gulped more than $20bn on TAM but without appreciable improvement in performance to justify the fresh expenditure.

The House said that Nigeria’s refineries.......http://newsafriq.com/2017/11/house-rep-members-bid-spend-1-8bn-refinery-facilities/


http://newsafriq.com/

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