Port Harcourt Refinery: APC youths express displeasure over failure to deliver
The All Progressives Congress (APC) Youth Solidarity Network has tackled the Nigerian National Petroleum Company Limited (NNPCL) for its failure to deliver on the Port Harcourt Refinery project despite a $2 billion investment. Speaking at a press conference. Olayemi Isaac, President of the group, demanded accountability and justice, calling for an immediate investigation into the […]
Port-Harcourt refinery
The All Progressives Congress (APC) Youth Solidarity Network has tackled the Nigerian National Petroleum Company Limited (NNPCL) for its failure to deliver on the Port Harcourt Refinery project despite a $2 billion investment.
Speaking at a press conference. Olayemi Isaac, President of the group, demanded accountability and justice, calling for an immediate investigation into the matter.
He emphasised that the Port Harcourt Refinery project’s failure is a clear indication of NNPCL’s failure to act in Nigerians’ best interests.
“We demand the immediate investigation and probe into the missing $2 billion that was purportedly spent on the rehabilitation of the Port Harcourt Refineries, a project that has failed to come alive,” Olayemi said.
“Despite multiple attempts, multiple rounds of funding, and numerous promises from officials, the Port Harcourt Refineries remain non-operational. This is not only a failure in leadership, but a deliberate sabotage of the Nigerian economy and the welfare of its citizens.
“To date, Nigeria has four state-owned refineries located in Port Harcourt, Kaduna, and Warri. However, these refineries have been non-functional for years, despite the fact that billions of naira have been spent on their maintenance. We find it unfathomable that an oil-producing country like Nigeria cannot refine its own crude oil.
“More troubling is the fact that every time we are told that the refineries will be repaired and functional, they fail to come to life. The Port Harcourt Refineries alone have been announced to undergo rehabilitation several times, but they remain in a state of dormancy.
“This is why we, the APC Youth Solidarity Network, have chosen to speak out. We cannot remain silent while the resources meant for the development of our country are being misappropriated.
“Despite the billions of dollars claimed to have been spent on the project, the refineries have yet to produce any results. This begs the question: where is the $2 billion allocated for the project? It has become apparent that there is more to this than meets the eye.”