N11.35trillion Refineries Maintainnce within 2010 to 2023

The 10th Senate has on Tuesday resolved to mandate its Committee on Downstream Petroleum to investigate all contracts awarded for the rehabilitation of all the state-owned refineries between 2010 and 2023.

Senator Ned Munir Nwoko and Senate President Godswill Akpabio

The lawmakers also plan to ascertain progress on the ongoing works in all refineries in order to forestall waste and corruption and interrogate the Federal Ministry of Petroleum Resources, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Nigerian National Petroleum Company Limited (NNPCL), Bureau of Public Enterprises (BPE) on the best approach to commercializing and/or ensuring profitability of the state-owned Refineries; and Invite the NNPCL, NUPRC and LNG to explain the nation’s preparation for Green Energy Sources in line with the Paris Agreement on Climate Change.

The Senate frowned at what they perceive to be sabotage of the Federal Government’s effort to resuscitate the nation’s refineries, in spite of N11.35 trillion spent on maintenance of the moribund refineries.

Recall that the Senate earlier mandates its committees to Investigate Crude Oil Theft in the Niger Delta Region adopting the Seven Prayers of the Motion.

Also the Senate is set to make Electronic Transmission of Results and Diaspora Voting mandatory for the 2027 General Elections.

These Motions were sponsored by the Most Distinguished Nigerian Senator Prince Ned Nwoko (PDP) representing Delta North Senatorial District.

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