Stop blaming past govts for refineries’ woes, Atiku tells Tinubu
Atiku Abubakar criticizes President Tinubu for blaming past administrations for Nigeria’s refinery woes, demanding accountability for billions spent under Read More: https://punchng.com/stop-blaming-past-govts-for-refineries-woes-atiku-tells-tinubu/
Ex-Vice President Atiku Abubakar has criticized President Bola Tinubu for shifting responsibility for Nigeria's struggling petroleum refineries to previous governments. Atiku argues that the current administration must account for the billions of naira invested in the refineries over the past three years. He points to financial figures showing a sharp increase in the combined obligations of the Port Harcourt, Warri and Kaduna refineries from about ₦4.52tn in 2023 to ₦8.67tn in 2024.
Atiku's statement highlights the recent admission by NNPCL's CEO Bayo Ojulari that the refineries have been operating at a "monumental loss," leading to their temporary shutdown. Atiku challenges Tinubu to take ownership of the refineries' successes and failures, questioning the return Nigerians received from the investments. The controversy comes amid ongoing struggles to revive Nigeria's state-owned refineries, with previous administrations facing similar challenges.
Atiku emphasizes the need for the government to address the financial waste and lack of benefits from the refineries, warning that Nigeria cannot afford another four years of "paying for failure."
Written by urgent.news from Punch Nigeria's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
