BREAKING: Nigeria Spends N264bn on Refineries, Pipelines in One Year

. NNPC Ex-GED, Upstream, Bello Rabiu, advocates measures to deepen accountability, transparency and efficiency of public refineries as he picks holes in N9 per litre bridging cost The gross inefficiency of the government owned refineries as well as issues about 5,000 kilometers of pipelines across the country cost the Nigerian government over N264 billion in just one year. Former Group Executive Director, Upstream of the Nigerian National Petroleum Corporation (NNPC), Bello Rabiu, who declared this in Lagos on Monday, maintained that the country spends over N22 billion every month on…

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