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Peter Obi blasts FG, says $1.5bn for Port Harcourt refinery is a huge waste of funds

Following the approval of 1.5 billion by the Federal Government for the renovation of the Port Harcourt refinery, the former governor of Anambra State, Peter Obi has described it as a huge waste of funds in light of Nigeria’s economic situation.

He made this known via his Twitter handle.

Obi 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 on life support, but sadly the managers of our affairs are worsening the situation by their financial rascality.”

The former governor also accused the leaders of worsening the country’s economic situation by their financial misappropriation.

Recall that the Federal Executive Council on Wednesday approved $1.5 billion for the Ministry of Petroleum Resources to rehabilitate the Port Harcourt Refinery.

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