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Sat, January 4, 2025

Warri, Port Harcourt refineries: 'Absolute insult, disrespect' - Obasanjo slams NNPCL


Published on 2025-01-04 07:00:46 - MSN
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  • Former President Olusegun Obasanjo has described an open invitation by the Nigerian National Petroleum Company Limited, NNPCL, to tour the newly revived Port Harcourt and Warri Refineries as disrespectful.

In an article published by MSN, former Nigerian President Olusegun Obasanjo criticized the Nigerian National Petroleum Corporation Limited (NNPCL) for the prolonged non-functionality of the Warri and Port Harcourt refineries, labeling it as an "absolute insult" and a "disrespect" to the nation. Obasanjo expressed his frustration over the continuous delays in the refineries' rehabilitation, which have been ongoing for over two decades despite significant financial investments. He highlighted the lack of progress and accountability, questioning the management and operational efficiency of NNPCL. This critique comes amidst broader discussions on Nigeria's oil sector inefficiencies and the economic implications of not having functional refineries, which forces the country to import refined petroleum products despite being an oil-rich nation.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/politics/government/warri-port-harcourt-refineries-absolute-insult-disrespect-obasanjo-slams-nnpcl/ar-AA1wWoZp ]
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