You can’t spend billions reviving refineries, then quietly sell them off – ADC chides FG

The African Democratic Congress (ADC) is raising serious alarms over the federal government’s latest move to privatize Nigeria’s state-owned refineries—facilities that have reportedly swallowed close to $18 billion in public funds over the past decade under the guise of rehabilitation.

In a statement issued by Mallam Bolaji Abdullahi, ADC’s Interim National Publicity Secretary and spokesperson for the coalition, the party expressed deep suspicion that the Tinubu administration may be misleading Nigerians—especially after confirming it recently spent another $2.8 billion on the same refineries, only to now declare them “moribund.”

The statement said, “The African Democratic Congress (ADC) has noted with…