The Federal Executive Council (FEC) has approved the award of contracts for the rehabilitation of Warri and Kaduna refineries to Messrs Saipem SPA and Saipem Contracting Limited at the combined sum of $1.484 billion.
The Minister of State, Petroleum Resources, Timipre Sylva, disclosed this Wednesday, while briefing State House reporters on the outcome of the federal cabinet meeting presided over by Vice President Yemi Osinbajo at the Presidential Villa, Abuja.
According to him, Warri refinery rehabilitation got $897,678,800, while Kaduna Refinery would cost $586,902,256…
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