Energy! Senate asks FG to stop Port Harcourt refinery concession

The Senate has directed the Ministry of Petroleum Resources and the Minister, Dr. Ibe Kachikwu, to immediately stop all processes relating to the planned concession of the Port Harcourt Refinery to Agip and Oando Plc.

This is coming as the legislative chamber set up an ad hoc committee to carry out an investigation to determine how and why such a deal was sealed and the criteria used to select Agip/Eni and Oando Plc to maintain and operate the refinery, and at what cost and the time frame involved.Punch

Details later …