Skip to content
October 22, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Political Economist

Political Economist

A liberal News reporting Politics, Sports, Business, Commentaries

  • Home
  • National News
    • Metro News
      • metro
    • Society
    • Crime and Justice
  • Special Reports
    • Investigation
    • Features
    • Interviews
  • Opinion
    • Commentaries
    • Perspectives
  • Press Releases
  • International News
  • Business & Economy
  • Politics
Watch Online
  • Home
  • National News
  • FG’s approval of $1.5bn for rehabilitation of Port Harcourt Refinery is nothing to jubulate about yet – Wike
  • National News

FG’s approval of $1.5bn for rehabilitation of Port Harcourt Refinery is nothing to jubulate about yet – Wike

Admin March 18, 2021
Attack on security personnel in Rivers

Nyesom Wike

Governor Nyesom Wike has said he will not rejoice over the approval of $1.5 billion for the rehabilitation of the Port Harcourt refinery.

Governor Wike was reacting to earlier announcement on Wednesday by the Federal Executive Council, FEC, approving the plan by the Ministry of Petroleum Resources to rehabilitate the Port Harcourt Refinery with $1.5bn.

Reacting to the development, the Governor said the news was nothing to make anyone jubilate.

The Rivers State governor who was a guest on Channels Television’s Politics Today said it is not the first time the Federal Government is making promises, many of which he says are yet to be fulfilled.

“We have had a lot of promises, we have had a lot of talks and nothing has materialized,” Wike stated.

According to him, promises of this nature are only pointers to the fact that elections are around the corner.

“We have heard these promises and nothing has happened,” Wike stated.

He further opined that “If the refinery is going to work, it will improve a lot of economic activities, there will be employment for the people of the state.

We will be happy but I am saying that we have had these promises and promises and nothing has happened.

So, I don’t want to begin to say hallelujah. Let us wait and see what will happen based on the approval and the statement made by the minister of state, petroleum. We will hold him accountable for it.

“We know, even before the (APC) government came into being, they have promised a lot of things and later they come up to say because of these challenges and that, they are not able to fulfill them.

“We are going into 2023, so many promises will be made, so many approvals will be made.”

The governor said rather than jump in excitement regarding the approval by the FEC, Nigerians must wait and see how the government acts on the rehabilitation exercise as promised.

  • Facebook
  • Share on X
  • LinkedIn
  • WhatsApp
  • Email
  • Copy Link
Tags: APC FEC Nyesom Wike

Post navigation

Previous We must work hard to stop high profile killings – Gov. Masari
Next Nigeria, South Africa listed amongst worst 20 affected by Internet Crimes – FBI report

Related Stories

FRSC Bars Personnel, Patrol Vehicles from Political Escorts Ahead of 2027 Elections vehicular movement
  • National News

FRSC Bars Personnel, Patrol Vehicles from Political Escorts Ahead of 2027 Elections

October 21, 2026
COWA plants 14,882 trees, mobilises 682 Green Ambassadors in first year of Green Borders Initiative 
  • National News

COWA plants 14,882 trees, mobilises 682 Green Ambassadors in first year of Green Borders Initiative 

October 21, 2026
Police chief arraigns 4 alleged militia members for allegedly killing traditional ruler, 5 others in Imo FG vs ASUU
  • National News

Police chief arraigns 4 alleged militia members for allegedly killing traditional ruler, 5 others in Imo

October 21, 2026
logo

Political Economist is a liberal news magazine with global affiliations.

At Political Economist, we promote free enterprise and act as a catalyst for the growth of knowledge economy. We are proudly pan-Nigeria yet richly spiced with African and global news. We offer a fair and balanced news reportage presented by our team of well-heeled professional journalists. <

About us

  • 5 Olutosin Ajayi Street, By CPM Church, Ajao Estate, Lagos State, Nigeria
  • +234 805 680 1124
  • info@politicaleconomistng.com

Follow

Subscribe to notifications

You may have missed

Kwankwaso @70: Our partnership will rescue Nigeria – Obi Kwankwaso and Peter Obi
  • Society

Kwankwaso @70: Our partnership will rescue Nigeria – Obi

October 21, 2026
FRSC Bars Personnel, Patrol Vehicles from Political Escorts Ahead of 2027 Elections vehicular movement
  • National News

FRSC Bars Personnel, Patrol Vehicles from Political Escorts Ahead of 2027 Elections

October 21, 2026
COWA plants 14,882 trees, mobilises 682 Green Ambassadors in first year of Green Borders Initiative 
  • National News

COWA plants 14,882 trees, mobilises 682 Green Ambassadors in first year of Green Borders Initiative 

October 21, 2026
Police chief arraigns 4 alleged militia members for allegedly killing traditional ruler, 5 others in Imo FG vs ASUU
  • National News

Police chief arraigns 4 alleged militia members for allegedly killing traditional ruler, 5 others in Imo

October 21, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Copyright © All rights reserved. | DarkNews by AF themes.