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Nigeria: Senate Probes N11.35 Trn Spent On Rehabilitation of Refineries

Nigeria: Senate Probes N11.35 Trn Spent On Rehabilitation of Refineries
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Senate Probes N11.35trn Expenditure On Moribund Refineries

October 24, (THEWILL) - The Senate has constituted an ad hoc committee to investigate the Nigerian National Petroleum Corporation Limited (NNPCL) over the N11.35 trillion spent on the nation’s four moribund refineries between 2010 and 2023. Deputy President of the Senate, Jibrin Barau, announced the composition of the committee following the adoption of a motion ....

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Senate probes N11.35 trn spent on rehabilitation of refineries

The Senate noted that despite the moribund state of the nation’s four refineries, their operating costs between 2010 and 2020 were estimated at N4.8 trillion Naira. ....

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