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No Plans To Concession, Sell Refineries – FG
The Federal Government said last Wednesday that it had no plans to concession or sell the refineries in the country.
President Muhammadu Buhari said this while declaring open the 5th Triennial National Delegates’ Conference of the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) in Abuja.
The theme of the conference is: “Emerging Trends in the Oil and Gas Industry and its Impacts on Labour Movement in Nigeria.”
Buhari, who was represented by the Minister of State for Petroleum Resources, Dr Emmanuel Ibe Kachikwu, said that it was imperative to make the clarification as there were rumours, especially from people who should know better.
According to him, there has been no attempt and there is no approval to concession or sell refineries.
“I keep hearing discussions all over the place, especially from people who should know better.
“What we have approval for is to bring in a financing mechanism that will enable us to finance and develop and upgrade the refineries as they are.
“The reality is that once private sector players begin to build their own refineries, whatever we are afraid of will disappear.
“And unless we begin to move very rapidly and quickly to position these refineries in such a way that they can compete, we will lose the refineries completely together with the job scale that exist there right now.“My drive is to see that those investments go through a transparent process and the announcement that you hear about selection has not happened,” he said.
The president, however, said there was need to bring in fund and best practices that would elevate the institutions to the level where they should work for the country as the nation was losing money.
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RSG INAUGURATES ARMED FORCES REMEMBRANCE DAY COMMITTEE
The Rivers State Government has inaugurated a Central Planning Committee to organize the celebration of the 2026 Armed Forces Remembrance Day (AFRD) in the State.
The committee was formally inaugurated by the Secretary to the State Government, Dr. Benibo Anabraba in Port Harcourt, last Thursday.
Dr Anabraba who also serves as Chairman of the Committee
highlighted the State Government’s deep appreciation for the sacrifices of Nigeria’s fallen heroes who laid down their lives for the nation’s peace and unity.
“These heroes have given their lives for the security and peace of our nation and deserve to be celebrated. The Armed Forces Remembrance Day is an opportunity to show our gratitude for their sacrifice,” he said.
Dr. Anabraba further extended recognition to all Security Agencies in the State, emphasizing the importance of the event in appreciating their contributions to national security and sovereignty.
The annual Armed Forces Remembrance Day, observed on January 15 across the country is dedicated to remember Nigeria’s departed soldiers and honouring the nation’s veterans.
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