Despite probes going on at both chambers of the National Assembly, there are indications that the Federal Government may go ahead with the concession of the country’s ailing refineries, just as Nigeria Agip Oil Company (NAOC)/ENI, and Oando Plc might eventually get the nod for the Port Harcourt Refinery Company (PHRC) to
The Guardian was informed that the aforementioned companies ought to have concluded the deal with the Ministry of Petroleum Resources in July 2017, but the process was stalled because the National Assembly said the transaction was shrouded in secrecy.
Sources at the refinery disclosed to The Guardian that the executive and legislative arms of government may have resolved their differences, which had stalled the concession of the ailing refinery to the two companies, based on an agreement to repair, operate and maintain the refinery.
The Guardian, March 4, 2018
RipplesNigeria… without borders, without fears
Join the conversation
Support Ripples Nigeria, hold up solutions journalism
Balanced, fearless journalism driven by data comes at huge financial costs.
As a media platform, we hold leadership accountable and will not trade the right to press freedom and free speech for a piece of cake.
If you like what we do, and are ready to uphold solutions journalism, kindly donate to the Ripples Nigeria cause.
Your support would help to ensure that citizens and institutions continue to have free access to credible and reliable information for societal development.
INVESTIGATION: Students sit on floors, under leaking roofs as multi-million naira project is nowhere to be found in Zamfara
Suleman Tukur, 15, an SS 2 student of Government Day Secondary School (GDSS) Bakura in Bakura local government area of...
INVESTIGATION: UBEC mum as N80m Kebbi secondary school lab equipment still undelivered since 2020
“Our laboratories are not conducive for learning; the termites have destroyed most of these laboratories, and there is not enough...
In Niger, communities suffer as multi-billion naira Auna Dam project remains uncompleted despite 38 years of investments
In Niger State, the over 20 communities around Auna River have had their hopes for fresh water, electricity supply and...
INVESTIGATION: Years after, 15km Eleme-Onne end of East-West Road remains death-trap despite billions released
In this report, ARINZE CHIJIOKE chronicles the sufferings of road users on the 15km Eleme-Onne end of the East-West Road...
Gaza attacks intensify as 12 Thais, 10 Nepalese killed in Israel
The current violence in Israel has claimed the lives of at least 12 Thai people and 10 Nepalese individuals. Eight...