Approval of $1.5bn Rehabilitation Of Port Harcourt Refinery Lets Wait And See-Wike

In Rivers, Governor Nyesom Wike has said he will not rejoice over the approval of $1.5 billion for the rehabilitation of the Port Harcourt refinery.

The Rivers State governor who was a guest on Channels Television’s Politics Today said it is not the first time the Federal Government is making promises, many of which he says are yet to see the light of day.

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

On Wednesday, the Federal Executive Council approved the plan by the Ministry of Petroleum Resources to rehabilitate the Port Harcourt Refinery with $1.5bn.

In reaction to the development, Governor Wike said the news was nothing to make anyone jubilate. According to him, promises of this nature are only pointers to the fact that elections are around the corner.

“We have heard these promises and nothing has happened,” Wike stated.

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