ANY project to be executed by the Federal Government will henceforth not be determined strictly by political considerations, the Presidency has said.
In a directive to ministers and other senior government officials, President Umaru Musa Yar'Adua listed the new economic factors to determine the siting of any project as need, the number of people it will serve and the jobs it will create.
Consequently, the President has ordered that Lagos be given priority in the location of new refineries.
Yar'Adua particularly directed the affected officials to ensure that investors be encouraged to build refineries in the nation's former capital.
This article addresses President Umaru Yar'Adua's recent decision that not only will political considerations be considered when placing an oil refinery but also economic factors will be considered. Some of these economic factors include "need, the number of people it will serve and the jobs it will create." Also, preference was given to Lagos in regard to the building of new refineries because Lagos consumes 55 percent of petroleum products. This article also addresses Yar'Adua's desire to halt imports of petroleum products to Nigeria and resume production in some of the refineries including the Warri Refinery. This shows the President's desire to make Nigeria be the most productive that it can be and rely on itself fully, rather than other nations to provide the products necessary to live.
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