Warri refinery
NNPC Mulls Refinery Sale as Rehabilitation Challenges Mount – Bayo Ojulari
The Nigerian National Petroleum Company (NNPC) Limited is re-evaluating its refinery rehabilitation strategy and may consider selling off its long-troubled state-owned refineries due to increasing complexities, according to its Group Chief Executive Officer, Bayo Ojulari. Speaking during an exclusive interview with Bloomberg on the sidelines of the 9th OPEC International Seminar in Vienna, Austria, NNPC […]
‘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 […]