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    Tinubu Pledges To Tackle Erosion In Anambra, Reactivate Gas Plan, Integrate State Into Rail System 

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    Tinubu Pledges To Tackle Erosion In Anambra, Reactivate Gas Plan, Integrate State Into Rail System 

    Tinubu Pledges To Tackle Erosion In Anambra, Reactivate Gas Plan, Integrate State Into Rail System 

    Nigeria, Others Exit IMF’s Debtor – Nations List

    Nigeria, Others Exit IMF’s Debtor – Nations List

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    Alleged N15,000 Levy, Others: Don’t Overburden Okada Riders, Amuzu Cautions Abeokuta South

    Meta Threatens To Leave Nigeria After $290m Data Privacy Fines

    Meta Threatens To Leave Nigeria After $290m Data Privacy Fines

    OGHA Minority Leader Calls For Calm As Residents’ Anger Rises Over Ogun Road Toll Fees 

    OGHA Minority Leader Calls For Calm As Residents’ Anger Rises Over Ogun Road Toll Fees 

    CBEX: ‘We’ll Recover Your Money,’ EFCC Assures Fleeced Nigerians

    CBEX: ‘We’ll Recover Your Money,’ EFCC Assures Fleeced Nigerians

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    • Market Stories
    • Bitcoin
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    If Akeredolu Had Listened To Me, I Wouldn’t Be a Widow, Laments Ex – Governor’s Wife, Betty

    If Akeredolu Had Listened To Me, I Wouldn’t Be a Widow, Laments Ex – Governor’s Wife, Betty

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    Valentine: 2Baba Proposes To Edo Lawmaker Natasha Osawaru

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    Relationship Expert’s Marriage Ends 3 Yrs After Advising Women On How To Keep Marriage Intact

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    Yoruba Culture: Only A Fool Will Say Ifa Is Nothing – Obasanjo 

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    Catholic Church Suspends Warri Priest Over Secret Marriage In United States

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    I’m Still Saving My Virginity – Actress Olayode

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    My Ultimate Vision Is To Elevate African Sounds On the Global Stage – Ebonny Musik

    My Ultimate Vision Is To Elevate African Sounds On the Global Stage – Ebonny Musik

    I’ll Name 7 Celebrities I’ve Dated In Nigeria – Bobrisky

    I’ll Name 7 Celebrities I’ve Dated In Nigeria – Bobrisky

    My Husband Often Brought Mistresses Home, Slèpt With Them  – Veteran Actress Mama Ereko

    My Husband Often Brought Mistresses Home, Slèpt With Them  – Veteran Actress Mama Ereko

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    MMA Fighter, Francis Nganonou Visits Obasanjo, Shares His Experience 

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    CAF: Tinubu Demands Justice For Super Eagles Over Ill-Treatment By Host, Libyan Authorities

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Port Harcourt Refinery Resumes Crude Oil Processing After Multiple Missed Deadlines

The Daily Crucible by The Daily Crucible
November 26, 2024
in Business, News
0
Port Harcourt Refinery Resumes Crude Oil Processing After Multiple Missed Deadlines

 

The Port Harcourt Refinery has finally resumed refining of crude oil, raising the hope of some justifiably disillusioned Nigerians who believed nothing positive could come out from that direction, The Daily Crucible learnt on Tuesday.

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The rehabilitation of the Port Harcourt Refinery began in 2021 with the contractor handling the project, Maire Tecnimont SpA, working on the facility since the about $1.5 billion contract was signed in April 2021 during the administration of President Muhammadu Buhari.

 

The Daily Crucible reports that disappointment – wearied Nigerians lost hope in this critical national asset after multiple delays and shifting of the deadline goal post. Even former President and elder statesman, Olusegun Obasanjo at a time expressed pessimism about the possibility of the refinery working again.

 

Investigation revealed that the
Nigerian National Petroleum Company Limited (NNPCL announced to Nigerians seven separate deadlines for the commencement of oil production at the Port Harcourt Refinery and seven times it failed on its promises as of October 2024, including dates as March, August, and September 2024, all of which passed without fulfillment.

 

However, a presidential aide, Sunday Dare, who disclosed the commencement of crude oil processing at the Port Harcourt refinery using his verified X handle, stated that about 200 trucks are expected to load products daily from the facility and thus, renewing the Hopes of Nigeria.

 

“The Port Harcourt Refinery has two Wings. The Old Refinery comes on stream today with an installed production capacity of 60, 000 barrels per day of crude oil. About 200 trucks are. Expected to load products daily from the refinery Renewing the Hopes of Nigeria,” Dare stated.

 

Also, sources close the NNPC state: “Today (Tuesday) marks a monumental achievement for Nigeria as the Port Harcourt Refinery officially commences crude oil processing. This groundbreaking milestone signifies a new era of energy independence and economic growth for our nation.

“Hearty congratulations to President Bola Ahmed Tinubu, the NNPC Board, and the exceptional leadership of GCEO Mele Kyari for their unwavering commitment to this transformative project. Together, we are reshaping Nigeria’s energy future!”

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