Federal Executive Council approves contracts for rehabilitation of Warri and Kaduna refineries

The Federal Executive Council has approved contracts for the rehabilitation of Warri and Kaduna refineries at a cost of $1.4 billion.


The Minister of State for Petroleum, Timipre Sylva after the FEC meeting chaired by Vice president Yemi Osibajo while speaking to newsmen gave the breakdown as, $897 million is earmarked for the Warri refinery and $586 million for Kaduna refinery.


According to Sylva, the rehabilitation of the refineries will be carried out in three phases.

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