Economy
Buhari Spent $19bn On Refineries, None Operational – Gov Sule
Nasarawa Governor, Abdullahi Sule on Thursday criticised ex-President Muhammadu Buhari’s spending on the nation’s refineries.
Sule said over $19 billion was spent on them but none is working, noting that the amount was used to build the Dangote Refinery in Lagos.
The federal government owns three refineries in Kaduna, Port Harcourt (Rivers) and Warri (Delta) but none is in optimal use yet.
Speaking on Channels Television Sunrise Daily, Sule lamented that the huge funds disbursed did not yield the expected result.
“In the eight years, he (Buhari) spent more money than the $19 billion that Dangote spent in building a refinery.
“That is one and a half times the size of our three refineries. From the government side, I think we didn’t do a good job,” he admitted.
The governor added that while the refineries have a total of 450,000 barrels per day, Dangote’s facility boasts of 650,000.
Sule said the past administration should have focused on getting one refinery to work full capacity instead of trying to fix all three.
(Daily Post)
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