House of Representatives to investigate $1.5bn Port Harcourt Refinery rehabilitation cost

The Home of Representatives committee on Petroleum Sources Downstream has been directed to analyze and confirm the true value of rehabilitating the Port Harcourt refinery which the Federal Authorities has authorized the sum of $1.5billion for. 

 

This directive got here after Hon. Onofiok Luke moved a movement of public significance and lawmakers mentioning that a lot had been spent on sustaining and rehabilitating the refineries with the outputs barely enhancing. 

 

The committee was additional directed to hold out a complete audit of funds beforehand spent on the Port Harcourt refinery and different refineries throughout the nation by the lawmakers who requested the Federal Authorities to grant licenses and supply incentives for the development of modular refineries.

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