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Senate threatens NNPCL, demands refund over non-functional refineries

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The Senate on Wednesday directed the Nigerian National Petroleum Company Limited and its subsidiaries to provide necessary documents concerning the Turnaround Maintenance projects of the Nigerian refineries.

The Senate revealed that a staggering sum of over N12 trillion has been expended on TAM from 2010 to date, with additional records showing expenditures of over $592 million, €4.8 million, and £3.4 million during the same period, yet none of the refineries is operational.

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During an interactive session with the NNPCL management and other oil sector executives, the Senate ad hoc committee investigating the various TAM projects issued the directive. Some of the agency heads invited to the hearing could not attend and sent representatives.

Senator Isa Jibrin, the committee’s chairman, expressed concern over the significant expenditures on operational materials for non-functional refineries, stating, “We want to know the solutions to all the leakages, as there are a lot of them.”

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He further warned of potential repercussions, stating, “We will ask for a refund and dismissal of all the chief executives involved in the Turn Around Maintenance.”

Senator Yahaya Abdullahi insisted that the NNPCL and other agency representatives should relay to their chief executives the demand to appear in person.

Expressing frustration, Senator Sumaila Kawu addressed the invitees, emphasizing the gravity of the matter and the dissatisfaction of Nigerians, warning that they might be at the “receiving end” of the consequences.

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