Reps move to safeguard Dangote Refinery amid PENGASSAN dispute
The lawmakers called attention to the need to protect private investments like the Dangote Refinery from what they termed adversarial unionism.
The lawmakers called attention to the need to protect private investments like the Dangote Refinery from what they termed adversarial unionism.
Documents submitted to the committee by NBET revealed that as at September 30, 2020, the 11 Discos collectively owe N2.6 trillion.
We are impressed with the operations of Egbin Power Plant. We will do everything possible at the National Assembly level to partner with Egbin Power to improve its performance
Isiaka lamented the activities of the DisCos in the country, saying that some of their recent actions were posing a threat to economic stability and welfare of Nigerians.
We have been seeing many demarketing campaigns to discredit the Dangote Petroleum Refinery, and given the negative impact of this, which has caused panic in the country.
In the refinery, we did not, and I repeat, we did not collect one single incentive from the Federal Government of Nigeria or even Lagos State. Yes, the Lagos State gave us a good deal, but we paid $100m for the land. It wasn’t a free land; we paid for it
The visit is the second visit to the refinery by National Assembly members this year.
The alleged illegal sale reportedly led to a loss of $2.4 billion in revenue to the country.
The Nigerian National Petroleum Corporation (NNPC) plans to generate N11.39tn revenue in 2021, while projecting an increase in oil and gas output and sales between 2021 and 2023.
The President Muhammadu Buhari, has transmitted the much-awaited Petroleum Industry Bill 2020 to the National Assembly and has proposed the creation of the Nigerian National Petroleum Company Limited.