Tuesday, 24 Jun 2025
Subscribe
TrackNews Logo
  • Home
  • News
  • Politics
  • Niger Delta
  • Entertainment
  • Business
  • Health
  • Sports
  • Crime
  • Editorial
  • 🔥
  • News
  • Politics
  • National
  • Sports
  • Crime
  • Entertainment
  • Business
  • Breaking News
  • Gist
  • Health
Font ResizerAa
Track NewsTrack News
Search
Follow US
©2025 Track News Media. All Rights Reserved. | Website Designed By AfeesHost
Home » Blog » Refinery: Reps Committee Queries $50m Contract
National

Refinery: Reps Committee Queries $50m Contract

Last updated: June 24, 2022 8:55 am
Track News
Share
SHARE
Mohammed Oluwatimileyin Taoheed reports,

An Adhoc Committee of tye Federal House of Representatives that probe the state of refineries has queried the $50 million contract given to Maire Tecnimont Nigeria limited by the Nigeria National Petroleum Company (NNPC) for integrity test of the Nigerian refineries.

Following the presence of the Managing Lead of the Company at a hearing held yesterday, Hon. Ganiyu Johnson issued the query in Abuja. Johnson is the Chairman of the temporary committee.

The Adhoc committee had earlier on June 4, 2022 summoned the Managing Director of Tecnimont Nigeria Limited, a major contractor of the Nigerian National Petroleum Corporation NNPC, over the state of the nation’s refineries.

The Ganiyu Johnson led Adhoc committee ordered that Maire Tecnimont Nigeria Limited submit proof of payment of the whooping amount it took from the NNPC for the rehabilitation of the nation’s refineries.

According to the chairman, the reason given by the NNPC on why the nation’s refineries are not working is not satisfactory to the committee.

He said,:”The House probe panel is determined to ascertain the actual cost of rehabilitation of the nation’s four refineries”.

In a response to the questions of the Panel, Vice President Sub-Saharan Africa region and managing director (Nigeria) Tecnimont, Davide Pelizzola confirmed that the contract was awarded in 2019 at $49 million by the Nigeria National Petroleum Corporation (NNPC) to Technimont.

Pelizzola admitted that the approved $50 million is for the first phase of the refurbishment of Refineries over the country.

However, further inquiries by the committee divulged that the Port Harcourt refinery currently under construction is being handled by a Japanese firm and not Maire Tecnimont as claimed.

The Executive Director Refining of the NNPC, Philip Chukwu, said that the first advance payment was 10 percent of the amount, adding that the second will be five percent.

He added that Mr. Mele Kyari, Group Managing Director GMD of the NNPC, has been asked to be excused by the committee as he was having a top management meeting with staff.

TAGGED:Refinery: Reps Committee Queries $50m Contract
Share This Article
Email Copy Link Print
Previous Article FCTA seals off Zodara Bar over violation of land use
Next Article “Release Fulani Youths” Sheikh Gumi Tells Security Operatives
Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Your Trusted Source for Accurate and Timely Updates!

Our commitment to accuracy, impartiality, and delivering breaking news as it happens has earned us the trust of a vast audience. Stay ahead with real-time updates on the latest events, trends.
FacebookLike
XFollow
InstagramFollow
LinkedInFollow
MediumFollow
QuoraFollow
- Advertisement -
Ad image

You Might Also Like

Buhari pays tribute to Senator Dangin

By
Track News

EFCC Arraigns Man Who Allegedly Used GTB Accounts For N40.5million Fraud

By
Track News

Buhari mourns old adviser Jaye

By
Track News

Sign Electoral Act Amendment Bill Into Law – Arewa Youths To Buhari

By
Track News
Track News
Facebook Twitter Youtube Instagram

About US

Track News is a leading news site with a primary focus on Nigeria and world news in general. Stay informed with our real-time coverage across politics, tech, entertainment, and more. Your reliable source for 24/7 news.

Top Categories
  • Home
  • News
  • Politics
  • Niger Delta
  • Entertainment
  • Business
  • Health
  • Sports
  • Crime
  • Editorial
Usefull Links

© Track News Media. All Rights Reserved. | Website Designed By AfeesHost

Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?