refinery privatisation Nigeria
PETROAN Slams NNPC Over Port Harcourt Refinery Control
In a bold critique of the Nigerian National Petroleum Company Limited (NNPC), the National Publicity Secretary of the Petroleum Products and Retail Outlets Owners Association of Nigeria (PETROAN), Joseph Obele, has publicly opposed the company’s decision to retain control of the Port Harcourt Refinery. Obele, who is also a university lecturer and key stakeholder in […]
‘NNPC Refineries May Never Work Again’ — Dangote Drops Bombshell
Africa’s richest man and President of the Dangote Group, Alhaji Aliko Dangote, has cast serious doubt over the future viability of Nigeria’s state-owned refineries, stating bluntly that the Port Harcourt, Warri, and Kaduna facilities may never become operational again — despite consuming over $18 billion in public funds. Dangote made the remarks on Thursday during […]
OPS Demands Refinery Sell-Off Following $2.4bn Botched Repairs
The Organised Private Sector (OPS), major oil marketers, and economic experts have renewed calls for the urgent privatisation of Nigeria’s government-owned refineries. This fresh demand follows the recent shutdowns of the Port Harcourt and Warri refineries just months after they were declared operational by the Nigerian National Petroleum Company Limited (NNPCL). Despite the high-profile rehabilitation […]