Subsidy removal: Port Harcourt refinery begins operations Dec 1st

0
In a bid to cushion effect of subsidy removal and improve on quantity of petroleum product, the Port Harcourt refinery will commence operations by 1st December, 2023.

The Port Harcourt refinery is one of the country’s three oil refineries. Other two are located in Warri, Delta State and Kaduna.

President Bola Tinubu disclosed this in a statement signed by his Special Adviser on special duties, communications and Strategy, Dele Alake, at a meeting with the leadership of the Nigeria Labour Congress (NLC) led by Joe Ajaero, its president, and that of the Trade Union Congress, Festus Usifo, on Wednesday. 

Tinubu said production will begin after the ongoing rehabilitation contract between Nigerian National Petroleum Company (NNPC) Limited and Maire Tecnimont SpA is completed.

He pledged that he would continue to work for the best interest of Nigeria, encouraging the labour leaders to join forces with him to create a better and more prosperous country.

It could be recalled that in 2021, the NNPC commenced the rehabilitation of the Port Harcourt refinery after FEC approved the sum of $1.5 billion for the project. Also, several timelines had been established in the past for when the refinery will be operational.
Tags

Post a Comment

0Comments
Post a Comment (0)