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The Nigerian National Petroleum Corporation (NNPC) has explained why the Federal Government is spending the huge sum of $1.5 billion on the Port Harcourt refinery, as it weighs in on the controversies and unverified claims by some Nigerians on the funds for the project.
The state oil giant said that the funds approved for the 210,000 barrels per day capacity refinery was for complete rehabilitation and not turnaround maintenance.
According to a report from NAN, this disclosure was made by the Group Managing Director (GMD) of NNPC, Mele Kyari, during a chat with the press on issues surrounding the rehabilitation of the refinery in Abuja, on Monday, March 23, 2021. ....

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