07bn, the latest data from the Nigerian National Petroleum Corporation have shown.
“No white product was produced in June 2020 and apparently for the past 12 consecutive months. The lack of production is due to ongoing rehabilitation works at the refineries,” the NNPC said in its monthly report for June. Port Harcourt refinery’s operating expense in the period under review was N43.37bn while that of Port Harcourt refinery was N38.49bn.
“From that perspective, it is only reasonable that one would say we should have sold these things a long time ago to those who can run them.
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