Nigerian refineries: Sack Ojulari over NNPCL, Chinese firms’ deal, restart process – Abakpa

A nationalist affairs expert and civilian nine advocate, Edward Abakpa has demanded the resignation of the Group Chief Executive Officer of Nigerian National Petroleum Company Limited, Bayo Ojulari, implicit the state-owned firm’s latest Memorandum of Understanding with Chinese firms. 

He disclosed this successful a connection on Tuesday. 

DAILY POST reports that NNPCL and 2 Chinese firms signed an MoU connected the restart of Port Harcourt and Warri refineries. 

However, experts and Nigerians, including erstwhile Vice President Atiku Abubakar and the Nigeria Employers’ Consultative Association, had called for the suspension of the deal, describing it arsenic different jamboree to squander nationalist funds.

Meanwhile, NNPCL’s authoritative precocious said the steadfast volition not walk nationalist wealth to execute the deal. 

Reacting, Abakpa faulted the continued opacity surrounding refinery rehabilitation spending and a caller memorandum of knowing (MOU) with Chinese firms.

He noted that the lack of a broad nationalist audit of past refinery investments undermines assurance successful caller arrangements and raises questions astir continuity successful argumentation absorption wrong the downstream petroleum sector.

“The cardinal contented is accountability. Before entering into caller arrangements, Nigerians merit a elaborate mentation of however implicit $3.5 cardinal antecedently committed to...