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NNPC Shuts Refineries Over Heavy Losses, Poor Commercial Viability — Ojulari

The Group Chief Executive Officer (GCEO) of the Nigeria National Petroleum Company (NNPC Ltd.), Engr. Bayo Ojulari, has explained why operations at the country’s government-owned refineries were suspended. Nigeria has four refineries — two in Port Harcourt, and one each in Warri and Kaduna — with a combined installed capacity of 445,000 barrels per day […]

Refinery Not For Sale – Why NNPC Says Selling Would Be a Strategic Mistake

The Nigerian National Petroleum Company Limited (NNPC) has dismissed speculation about the sale of the Port Harcourt Refining Company, reaffirming its commitment to completing the facility’s rehabilitation and retaining it as a national asset. Group Chief Executive Officer of NNPC, Bayo Ojulari, made this clarification during a company-wide town hall at the NNPC Towers in […]

FG Lauds Dangote Refinery’s World-Class Engineering, Youth Empowerment

The Federal Government has commended the Dangote Petroleum Refinery for its engineering excellence and commitment to youth development. During a visit to the refinery in the Lekki Free Trade Zone, Lagos, Minister of Industry, Trade and Investment, Dr Jumoke Oduwole, praised both the infrastructure and the calibre of young Nigerians operating the facility. She described […]

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