Planned repairs of Port-Harcourt refinery with $1.5bn a huge waste: Peter Obi

Peter Obi, a former governor of Anambra State has described the planned repairs of Port-Harcourt refinery as a huge waste.

His reaction comes two days after the federal government approved the sum of $1.5bn for repairs of the petroleum refinery which, according to junior minister, Timipre Sylva, will commence soonest.

According to him, the development is worrisome, going by the present economic situation in the country.

“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,” the opposition politician said on Twitter Friday morning.