Nigeria: Report - NNPC Spent U.S.$396.33 Million On Refineries Tam in Four Years

18 October 2019

Abuja — The Nigerian National Petroleum Corporation (NNPC) reportedly spent a whopping $396.33 million between 2013 and 2017 - a period of four years, to carryout repair works under the Turn Around Maintenance (TAM) scheme on three of its decrepit refineries in Port Harcourt, Warri and Kaduna, a new report has disclosed.

Presented to journalists and civil society organisations (CSOs) at a workshop thursday, the report - 'Reducing losses from refinery operations', which reviewed the operations of NNPC's refineries from a cost perspective, efficiency and value for money was undertaken by the Nigeria Natural Resource Charter (NNRC).

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