The lawmakers said Nigeria’s refineries had the “worst performance record in Africa” at 11 per cent capacity, compared to the 81 per cent scored by Egypt and the 85 per cent recorded by South Africa.
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“It will interest you to note that a conservative investigation has revealed monumental losses to the government and the people of Nigeria in excess of about N15bn as a result of under-leases, unauthorised sales, misappropriation of funds, abuse of process and outright negligence.”
29 July 2015, Abuja – Working with the Ministry of Power, Office of the Accountant General of the Federation and Debt Management…