The House of Representatives on Wednesday resolved to pursue a comprehensive audit of funds expended on the maintenance and rehabilitation of the nation’s refineries. The refineries include the Port Harcourt, Warri, Kaduna refineries.
This decision follows a motion moved as a matter of public importance by Representative Onofiok Luke.
The lawmakers expressed worry that so much had been spent on maintaining and rehabilitating the refineries but the outputs have barely improved.
They also asked the Federal Government to grant licenses and provide incentives for the construction of modular refineries.
The probe is coming a week after the approval of $1.5 billion by the Federal Executive Council for the rehabilitation of the Port Harcourt refinery.
The Minister of State for Petroleum Resources, Timipre Sylva, who made the announcement after the FEC meeting said the rehabilitation will be carried out in three phases.
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