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Moribound refineries: Senate says N11trillion, millions in other currencies wasted

Senators expressed outrage over the humongous amounts spent on various turn around maintenance on the refineries with loss, inefficiency and corruption to show as results.   The Senate has mandated its committee on Downstream Petroleum in collaboration with relevant ad-hoc committees to thoroughly investigate all contracts awarded for the rehabilitation of all the state-owned refineries between 2010 and 2023. It also directed the committee to ascertain progress on ongoing works in all refineries to forestall...

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