The Federal Executive Council (FEC) has approved $1.4 billion for the $1.48 billion renovations of the Warri and Kaduna refineries. The decision was made at the council’s weekly meeting, with $897 million set aside for the Warri refinery and $586 million set out for the Kaduna refinery.
The Federal Government has approved the sum of $1.484 billion for the rehabilitation of Warri and Kaduna refineries. Minister of state, Petroleum Resources, Timpriye Sylva, disclosed this on Wednesday to State House correspondents after the Federal Executive Council meeting presided over by Vice President Yemi Osinbajo at the Presidential Villa. According to him,