Spending $1.5bn On The Port Harcourt Refinery Is A Huge Waste – Peter Obi

Peter Obi
The Former Governor of Anambra State and PDP’s Presidential candidate during the 2019 election, Mr Peter Obi has slammed the recent announcement of the federal government’s intention to spend $1.5 billion set to use to renovate the Port Harcourt refinery.

Peter Obi called the investment a huge waste of money considering the current situation of the country’s economy, which he described to currently be on life support. He went further to accuse the leaders of the current administration of worsening the country’s situation by their financial rascality. READ ALSO: $1.5bn Rehabilitation Of Port Harcourt Refinery: It Is Not Something To Say ‘Hallelujah!’ – WikePeter Obi

Obi said,

“The news of the planned expenditure of a whopping $1.5 billion for Port Harcourt refinery repairs is worrisome to well-meaning Nigerians. In light of our precarious economic situation, it is a huge waste.

“Our country on life support, but sadly the managers of our affairs are worsening the situation by their financial rascality.”
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KOKO TV reported that the Federal Executive Council on Wednesday approved the plan by the Ministry of Petroleum Resources to rehabilitate the Port Harcourt Refinery with $1.5bn.

Photo Credit: Getty

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