Petroleum ministry under scrutiny as Senate halts concession of Port Harcourt Refinery to AGIP, OANDO

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Citing alleged irregularities, the Senate on Tuesday asked the Ministry of Petroleum Resources to halt all transactions relating to the proposed concession of the Port Harcourt refinery to Agip and Oando.

 The lawmakers who are questioning the rationale behind the planned concession, alleged that the process appears “non-transparent and without recourse to due process”.

 Already, the Senate has set up a seven-man ad-hoc panel to carry out investigations into the selection process.

The committee is expected to submit a report explaining how and why such a deal was sealed and what criteria was used to select Agip/ENI and OANDO Plc to maintain and operate the Port Harcourt Refinery and at what cost and time-frame.

  Speaking at plenary on Tuesday, Senator Atai Adoko noted that all processes and transactions should be stopped until the committee submits its report.

  This followed a Motion moved by Senator Sabo Mohammed representing Jigawa South, who expressed sadness over the deal, during the plenary on Tuesday.

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Senator Sabo in the Motion raised concerns that the planned concession without recourse to due process “was illegal and a clear attempt at ridiculing Nigerians as well as creating a big hole in the anti corruption crusade of the current administration”.

He told the senate that the minister of state for petroleum, Ibe Kachikwu, had earlier stated that the agreement was part of a broader Federal Government plans to increase capacity  for local consumption of petroleum product with the aim of ending fuel importation in Nigeria by 2019.
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