A group, the Nationalists Movement (NM) has backed former President Olusegun Obasanjo on his claim concerning the deplorable manner the Nigerian National Petroleum Company Limited (NNPCL) is managing the country’s refineries.
The group supported Obasanjo that the NNPCL’s decision to reject Aliko Dangote’s $750 million offer to manage the Port Harcourt, Warri, and Kaduna refineries in 2007 was a gross misjudgment.
According to the group in a press statement on Friday signed by Elder Ogbor Awuru, Obasanjo’s revelation that over $2 billion has been mismanaged on the refineries, which still remain non-functional, is a damning indictment of the NNPCL.
“The Nationalists Movement is throwing its weight behind former President Olusegun Obasanjo’s recent claims about the Nigerian National Petroleum Company Limited (NNPCL).
“Obasanjo’s revelation that over $2 billion has been squandered on the refineries, which still remain non-functional, is a damning indictment of the NNPCL.
“We concur with Obasanjo that the NNPCL’s decision to reject Aliko Dangote’s $750 million offer to manage the Port Harcourt, Warri, and Kaduna refineries in 2007 was a gross misjudgment” the statement said.
According to Awuru, the NNPCL’s claim that the Port Harcourt refinery has commenced crude oil processing has proven incorrect.
“The truth is that the refinery is merely blending and not refining. This level of deception is unacceptable and underscores the need for an urgent action, the group stated.
NM appealed to President Bola Tinubu to take immediate action to address the happenings at the NNPCL, adding that Nigerian people deserve better.
The Nationalists Movement said it was high time the government took decisive action to ensure that the nation’s resources are managed efficiently and effectively.
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