Peter Obi Says Buhari’s FG’s Move To Spend $1.5 Billion On The Port Harcourt Refinery Is A Huge Waste Of Scarce Resources, Says The APC Government Is Worsening The Already Bad Situation By Their Financial Rascality

A former Governor of Anambra State and 2019 Vice Presidential Candidate of the Peoples Democratic Party, PDP, Peter Obi, has said that the approval of $1.5 billion by the President Muhammadu Buhari Federal Government for the renovation of the Port Harcourt Refinery, is a huge waste, considering the current economic situation of the country, Page 36 learnt.

Peter Obi, in a short statement on Friday, 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 is on life support, but sadly the Managers of our affairs are worsening the situation by their financial rascality.”

Recall, that the Federal Executive Council, FEC, on Wednesday, approved the plan by the Ministry of Petroleum Resources to rehabilitate the Port Harcourt Refinery with $1.5 billion.

More news later…

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