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    Lafarge Africa Rebrands As HBM Nigeria Plc, Signals New Era Under Huaxin Ownership

    Lafarge Africa Rebrands As HBM Nigeria Plc, Signals New Era Under Huaxin Ownership

    CBN Revokes Licences of Two Ogun Microfinance Banks, 44 Others Over Regulatory Breaches

    CBN Revokes Licences of Two Ogun Microfinance Banks, 44 Others Over Regulatory Breaches

    Dayo DaSilva Unveils Entrepreneurial Blueprint to Drive Business Growth

    Dayo DaSilva Unveils Entrepreneurial Blueprint to Drive Business Growth

    Elon Musk Makes History As World’s First Trillionaire After SpaceX Stock Market Debut

    Elon Musk Makes History As World’s First Trillionaire After SpaceX Stock Market Debut

    Otedola Sells Geregu Stake To Buy Into Dangote Refinery IPO

    Otedola Sells Geregu Stake To Buy Into Dangote Refinery IPO

    FAAC Windfall: FG, States, LGs Share N2.04tn for March, Record N150bn Revenue Increase

    FAAC Windfall: FG, States, LGs Share N2.04tn for March, Record N150bn Revenue Increase

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    • Litecoin
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    ‘Career and Motherhood Can Coexist,’ Eugenia Abu Urges Women To Build Families Early 

    ‘Career and Motherhood Can Coexist,’ Eugenia Abu Urges Women To Build Families Early 

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Putting To Rest Rumours About Port Harcourt Refinery Complex: Our Fact-Finding Mission

The Daily Crucible by The Daily Crucible
December 5, 2024
in News
0
Putting To Rest Rumours About Port Harcourt Refinery Complex: Our Fact-Finding Mission

Putting To Rest Rumours About Port Harcourt Refinery Complex: Our Fact-Finding Mission

By Bayo Onanuga

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I was part of a fact-finding team that visited the 60,000 barrels daily Port Harcourt Refining Complex on Wednesday. I will now share our findings. Our mission was to verify the rumours circulating about the refinery’s state, and I am pleased to report that we were satisfied with what we saw.

Our team, guided by the refinery’s Managing Director Ibrahim Onoja, toured the entire complex, from the computerised control room to the loading bay and every section in between. We asked pointed questions and received satisfactory answers, dispelling our doubts and misconceptions.

Nigerians must ignore naysayers and false information about the refinery’s operations. While it is not currently running at 100%, it is functioning at 70% installed capacity, with plans to increase production shortly. Furthermore, the refinery receives regular crude supplies, contrary to claims that it lacks crude to refine.

During our visit, we confirmed that the refinery produces petroleum products, including kerosene, low-pour fuel oil, LPG, diesel, and gasoline. The latter is blended with other products to make the petrol we use in our cars. We even tested samples of the products.

The refinery’s recent overhaul has transformed it into a modern facility. We saw upgraded and replaced parts, including part of the 300km new pipelines. Some parts the company had not changed in 27 years have been replaced with new ones, bringing the refinery up to 21st-century standards.

The revamping work has indeed brought the refinery back to life. What was once a 20th-century refinery has been transformed into a state-of-the-art facility.

We also visited the co-located second Port Harcourt refinery, commissioned in 1989. Workers were busy dismantling old, rusty parts and replacing them with new ones. Although officials declined to provide a timeline for its completion, there was an air of confidence that it would soon be operational, joining its 60,000 barrels a day counterpart.

My curiosity has been satisfied. I commend NNPC Limited and the refinery team for reviving this dead asset, which was on the verge of becoming a museum piece.

Our fact-finding mission has buried the various doubts and lies about the Port Harcourt Refinery Complex.

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The Daily Crucible Newspaper is an authoritative independent online news medium established to deliver professional journalism for the purpose of fostering Nigeria's unity, progress and greatness, given the heterogeneity of her citizens. We shall vigorously pursue this vision and anchor it on tripod of truth, justice and fairness. We shall feed the public with robust information they need to make informed decision on issues and matters that affect them, promote human - capital development, freedom and free market enterprise. Our loyalty shall be to Nigeria and public interest, and shall respect ethnic, religious and political diversity without being partisan and sectional.

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