According to the Group Chief Executive Officer of the NNPC, Malam Mele Kyari, the Port Harcourt refinery will be ready before the end of the year 2023 while those in Warri and Kaduna would start production in 2024.
“Our plan is to bring it on stream this month but unfortunately, we have some slippage because of global supply chain issues that we had,” he stated. “The Port Harcourt refinery has a combination of 210,000 barrels per day so that means it is a third of the Dangote refinery.” The NNPC bigwig said that rather than use public funds, money was borrowed for the rehabilitation of the refineries and their repayment tied to their performance.
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