For decades, Nigeria’s state oil company couldn’t maintain refineries meant to ensure domestic fuel supply, forcing Africa’s biggest producer to rely on imports. Now it wants to build hospitals to attend to the health needs of the country’s more than 200 million people.
It’s also among “measures to cope with the boom and bust cycle in the global crude-oil market and to sustain revenue generation,” the company, also known as NNPC, said in a statement. NNPC, which manages Nigeria’s oil interests with international energy companies, has on its own struggled with financial health for more more than 25 years. Apart from frequently missing its capital obligations in joint ventures, it has among the highest oil-production costs globally and has been saddled with cash-guzzling, dilapidated refineries for years.
Misplaced priorities. Just to serve there employers. Sycophancy
It’s possible they build hospital cos there workers can visit that Instead of travel abroad, but for refinery NNPC is not giving the oil companies permission to fix it
Misplaced priority
PublicSquareNG Confused set of humans
It is called majoring in the minor. It's just another opportunity to steal public funds, game as usual, i believe by the top people in power, otherwise how will this nonsense idea have gone through?
Engineers with sethoscope. You never thought it would get to this point when our govt started appointing lawyers as minister of transport? See how far we have come! Likely minister of health will build Aquaponics for 36 states next time.
I read something similar to this in Bloomberg...
Is it not a big shame?
What a country Nigeria we live in. They should fix the refinery instead of building hospitals.
Really sad what is happening in this country. What is wrong in thinking straight and doing the simple right things?
This headline was published on BBGAfrica few days ago. Why copy?
Buhari came with his brothers to loot as much as they can , that was their primary assignment.. reason he wants them in every position
Exactly my point , carpenter who can not fix a table wants to make clothes . Only in Nigeria
Fraud everywhere. Why not give the finance to Ministry of Works to building and Ministry of Health with Science & Technology to Equipment. There is no interminsterial collaboration in Nigeria, everyone want to be handling the money