Gov Wike refuses to jubilate over $1.5bn PH refinery repair approval

The Rivers State Governor, Nyesom Wike has made it clear that he will not be jubilating over the recent approval of $1.5 billion by the President Muhammadu Buhari-led Federal Government to refurbish the Port Harcourt refinery.

He stated that an approval does not amount to the release of needed funds, noting that there had been a series of unfulfilled promise concerning the refinery in the past.

Wike, who spoke on Channels Television’s Politics Today, said that fixing the refinery will create a lot of economic activities and employment for the citizenry.

The Governor, however, wondered why a refinery in a city where oil is produced is abandoned

“Where is the oil being produced? Why is it that the refinery where the oil is being produced is not working? Wike asked.

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“We have had a lot of promises, we have had a lot of talks and nothing has materialized.

“Approval is not release. I am not going to jubilate because the Federal Government said they have approved $1.5 billion for the rehabilitation of the Port Harcourt refinery. It is not something to say Hallelujah for”.

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