Consequently, the Senate constituted an ad-hoc committee to investigate the NNPCL over the N11.35 trillion spent on the turnaround maintenance of the refineries. “For Warri refinery, they said Phase 1 will be ready by the end of the year. Lokpobiri also touched upon the influx of the Dangote refinery and the numerous modular refineries that have been issued licenses. “We have a lot of modular refineries that we have given licenses, but the challenge has been the feedstock. Even if you have the modular refinery, do you have the crude to be able to refine it?

Source: Punch November 06, 2023 15:15 UTC