• Thursday, January 02, 2025
businessday logo

BusinessDay

Tinubu hails NNPC over 125,000bpd Warri refinery re-opening

Tinubu appeals against August 1 protest

…Gives orders on Kaduna refinery

President Bola Tinubu on Monday, expressed profound joy at the re-opening of the Warri Refining and Petrochemical Company by the Nigerian National Petroleum Company Limited, describing it as another remarkable achievement in 2024 that has strengthened Nigerians’ hope in his administration.

With the reopening, the refinery is expected to focus on production and storage of critical products, including Straight Run Kerosene (SRK), Automotive Gas Oil (AGO), and heavy and light Naphtha.

The refinery will now join that Of Port Harcourt and the Dangote refineries to ease supply of petroleum products and save foreign exchange.

Bayo Onanuga, Presidential Spokesman, in a statement, said Tinubu applauded that the Warri Refinery returned to operation weeks after NNPC Limited restarted the 60,000 Barrels per day at the Port Harcourt Refinery in November.

With Warri Refining and Petrochemical Company (WRPC) going into operation after several years of inactivity, President Tinubu has once again expressed his administration’s determination to ramp up local refining capacity and make Nigeria a hub for downstream industrial activities in Africa.

“The All Progressives Congress-led administration of President Muhammadu Buhari awarded the contract for the complete rehabilitation and overhaul of the four state-owned refineries,” the statement revealed.

President Tinubu noted with confidence that with the 125,000 (bpd) Warri Refinery now operating at 60% capacity, his administration’s comprehensive plan to ensure energy efficiency and security is entirely on course.

Read also: Tinubu urges quick restart of Warri, and Kaduna refineries

The President praised the Mele Kyari-led management of the NNPCL for working hard to restore Nigeria’s glory and pride as a major oil-producing country.

“The restart of Warri Refinery today brings joy and gladness to me and Nigerians. This will further strengthen the hope and confidence of Nigerians for a greater and better future that we promised.

Tinubu described the development as a “remarkable way to end the year following the feat recorded earlier with the old Port Harcourt Refinery” adding that “I am equally happy that NNPC Limited is implementing my directive to restore all four refineries to good working condition.

“I congratulate Mele Kyari and his team at NNPCL for working hard to restore our national pride and make Nigeria a hub for crude oil refining in Africa,” President Tinubu said.

President Tinubu enjoined NNPCL to accelerate repair work on Kaduna Refinery and the 150,000 (bpd) second refinery in Port Harcourt to consolidate Nigeria’s position as a global energy provider.

Join BusinessDay whatsapp Channel, to stay up to date

Open In Whatsapp