Insights: Peter Obi’s Reaction to Port Harcourt Refinery Revamp News
Peter Obi, the former governor of Anambra State and a prominent political figure in Nigeria, recently reacted to the news of the Port Harcourt Refinery’s revamping.
While acknowledging the need to enhance Nigeria’s refining capacity, Obi criticized the enormous $1.5 billion spent on the rehabilitation process.
He expressed concerns about the project’s cost-effectiveness, citing persistent challenges in Nigeria’s energy sector despite significant investments.
The refinery, which resumed operations with a capacity of 210,000 barrels per day after two years of rehabilitation, has drawn mixed reactions.
Critics, including Obi, argue that such expenditures should yield substantial and transparent outcomes for the benefit of Nigerians.