✕ CLOSE Online Special City News Entrepreneurship Environment Factcheck Everything Woman Home Front Islamic Forum Life Xtra Property Travel & Leisure Viewpoint Vox Pop Women In Business Art and Ideas Bookshelf Labour Law Letters
Click Here To Listen To Trust Radio Live

Nasarawa Gov: Buhari Spent More Than $19bn cost of Dangote Refinery on non-functional ones

Governor Abdullahi Sule of Nasarawa State says the government of ex-President Muhammadu Buhari spent more than the $19 billion used in building the Dangote Refinery on the maintenance of the country’s refineries.

At different points within his 8 years in power, the Buhari administration awarded contracts for the repair of refineries in Kaduna, Port Harcourt, and Warri but none is functioning up till date.

However, with $19 billion, Dangote built Africa’s largest petrochemical refinery and the world’s largest single-train petroleum refining facility.

SPONSOR AD

Speaking when he featured on Channels Television Sunrise Daily, the governor said the Dangote Refinery would be a game changer in the sector.

EXPLAINER: What you should know about Dangote refinery and how it affects you

The coming of Dangote Refinery

“Look at how much the President Buhari administration spent on fixing the refineries. In the eight years, he spent more money than the $19 billion that Dangote spent in building a refinery. That is one and half times the size of our three refineries combined.

“Our three refineries in Nigeria today have a total of 450,000 barrels per day, Dangote is 650,000. He spent $19 billion on building it. We spent, not building a new one, but in maintaining these refineries more than $19 billion in eight years, yet they have not been maintained.”

He also commented on the issue of subsidy payments, which is generating crisis at the moment.

The governor blamed the rise in payment of subsidy on Nigeria’s non-functional refineries.

“From the government side, I think we didn’t do a good job. When the (former) President (Buhari) came in in 2015, prices of crude oil dropped by less than 30 dollars. At that time there was zero subsidy.”

Governor Sule also lamented the complexity of maintaining the refineries due to their diverse components.

“The refinery is actually a component for water, crude, and diesel, about five or six different components that constitute a refinery.

“The moment the government says we are going to spend $2 billion this year on the refinery. The $2 billion is spent and as far as the President is concerned, they have given $2 billion.

“Now when it goes to the three refineries that we have in Port Harcourt, Warri, and Kaduna. Then they say, you now take $700 million, you now take $800 million – by the time they take that, it goes to fix maybe only one component out of the four components that are all bad.”

Sponsored

Discover the latest trends on Temu! Shop mobile phones, fashion, beauty, home essentials & more. Start exploring now!


Click here to learn how it works.

Sponsored

Unlock AI's potential! Get top prompts for content, blogs, social media, research, draft proposals and more. Boost creativity start using AI tools today!


Click here to learn how it works.

Sponsored

Start Affiliate Marketing Today! Learn step-by-step how to set up a blog, find programs, create links, and earn money—beginner-friendly guide inside!


Click here to learn how it works.

Sponsored

Join our FREE WEBINAR! Discover the 3-step formula to turn WhatsApp into a cash-generating machine. Sign up now and start earning!"


Click here to learn how it works.

Sponsored

Master Facebook Ads! Learn to set up Business Manager, run campaigns, optimize budgets, and drive sales. Start your journey to ad success today!"


Click here to learn how it works.

Sponsored

Unlock your confidence and attract the love you deserve! Learn how to become irresistible to women—start your transformation today!"


Click here to learn how it works.

Join Daily Trust WhatsApp Community For Quick Access To News and Happenings Around You.