Close Menu
MarketForces AfricaMarketForces Africa
    What's Hot

    BEAT- Audiera Gains 24% in 24Hours Ahead of Major Token Unlock

    July 27, 2026

    South African Rand Firmer on Improved Global Risk Sentiment

    July 27, 2026

    Oil Prices Fall Sharply on Peace Hope, China Cuts Imports by 50%

    July 27, 2026
    Facebook X (Twitter) Instagram
    Trending
    • BEAT- Audiera Gains 24% in 24Hours Ahead of Major Token Unlock
    • South African Rand Firmer on Improved Global Risk Sentiment
    • Oil Prices Fall Sharply on Peace Hope, China Cuts Imports by 50%
    • Ethereum Price Races Towards $2K on Huge ETH Staking
    • NGX Group Declares N1.30 Interim Dividend
    • Interbank Rates Diverge as Financial System Liquidity Declines
    • FCMB Gains 11% as Group Hints at H1 2026 Earnings, Incentive Plan
    • FirstHoldco Jumps 25% on Post-Earnings Momentum, Firm Cuts TP
    • Home
    • About Us
    Facebook X (Twitter) Instagram LinkedIn WhatsApp TikTok Telegram
    MarketForces AfricaMarketForces Africa
    Subscribe
    Monday, July 27
    • Home
    • News
    • Analysis
    • Economy
    • Mobile Banking
    • Entrepreneurship
    MarketForces AfricaMarketForces Africa
    MarketForces Africa » MarketForces News » Kaduna, 2nd PH Refineries Undergoing Comprehensive Overhaul – NNPC

    Kaduna, 2nd PH Refineries Undergoing Comprehensive Overhaul – NNPC

    Marketforces AfricaBy Marketforces AfricaJanuary 3, 2025Updated:January 3, 2025 News No Comments3 Mins Read
    Kaduna 2nd PH Refineries Undergoing Comprehensive Overhaul – NNPC
    Share
    Facebook Twitter LinkedIn Pinterest Email Tumblr Reddit Telegram WhatsApp Copy Link

    Kaduna, 2nd PH Refineries Undergoing Comprehensive Overhaul – NNPC

    The Nigerian National Petroleum Company Limited (NNPC Ltd.), says the 150,000 barrels per day (bpd) Port Harcourt Refinery and Kaduna Refinery are undergoing a comprehensive overhaul, designed to meet world-class standards.

    The company said the rehabilitation done at the 60,000 bpd Port Harcourt Refinery and Warri Refinery was not the typical Turnaround Maintenance (TAM) of the past, but a comprehensive overhaul, designed to meet global standards.

    The Chief Corporate Communications Officer of NNPC Ltd., Olufemi Soneye made the clarification in a statement on Thursday while responding to former President Olusegun Obasanjo’s comments on the rehabilitation of the Port Harcourt and Warri refineries.

    The former president had earlier expressed doubts about the operational status of the rehabilitated 60,000 bpd Port Harcourt refinery and Warri refinery.

    Obasanjo had said that the Shell Petroleum Development Company (SPDC) advised against the Port Harcourt Refinery’s viability due to corruption, and alleged that the NNPC Ltd. misled Nigerians by claiming that its refineries are operational.

    Reacting, Soneye said that a notable achievement of the NNPC Ltd. was the overhauling of the Port Harcourt and Warri refineries, while similar efforts were underway at the second Port Harcourt and Kaduna refineries. He said the NNPC Ltd was committed to enhance and maintain the refineries to global standards for sustainable operations.

    Soneye, however, invited the former President to visit the rehabilitated refineries and witness firsthand the progress made under the leadership of NNPC Limited. “We extend an invitation to our esteemed former president to join us in this historic journey.

    “His wisdom and experience are invaluable, and we deeply appreciate his insights and guidance, which will always be welcomed and cherished. We hold President Olusegun Obasanjo in the highest regard as a respected statesman who has made significant contributions to the growth and progress of Nigeria.

    “His dedication to national development and his right to speak on matters of national importance are both deeply respected,” he said. Highlighting NNPC’s transformation, Soneye said that it had evolved into NNPC Limited, a private entity that transitioned from being a loss-making organisation to a profit-oriented global energy leader.

    Under this new model, he said the NNPC Limited had expanded beyond oil and gas to become an integrated energy company. “Our focus is not only on harnessing traditional resources but also on developing cleaner, cheaper, and sustainable energy solutions to meet Nigeria’s growing demands.

    “This progress has been driven by the visionary leadership of the NNPC Limited board and the management team led by GCEO Mele Kyari, alongside President Bola Tinubu’s transformative policies in the energy sector,” he said. #Kaduna, 2nd PH Refineries Undergoing Comprehensive Overhaul – NNPC FBN Holdings Records Huge Off-Market Shares Transactions

    NNPC
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Marketforces Africa
    • Website
    • Facebook
    • X (Twitter)
    • Instagram
    • LinkedIn

    MarketForces Africa, a Financial News Media Platform for Strategic Opinions about Economic Policies, Strategy & Corporate Analysis from today's Leading Professionals, Equity Analysts, Research Experts, Industrialists and, Entrepreneurs on the Risk and Opportunities Surrounding Industry Shaping Businesses and Ideas.

    Keep Reading

    BEAT- Audiera Gains 24% in 24Hours Ahead of Major Token Unlock

    South African Rand Firmer on Improved Global Risk Sentiment

    Oil Prices Fall Sharply on Peace Hope, China Cuts Imports by 50%

    Ethereum Price Races Towards $2K on Huge ETH Staking

    NGX Group Declares N1.30 Interim Dividend

    Interbank Rates Diverge as Financial System Liquidity Declines

    Add A Comment

    Comments are closed.

    Editors Picks

    BEAT- Audiera Gains 24% in 24Hours Ahead of Major Token Unlock

    July 27, 2026

    South African Rand Firmer on Improved Global Risk Sentiment

    July 27, 2026

    Oil Prices Fall Sharply on Peace Hope, China Cuts Imports by 50%

    July 27, 2026

    Ethereum Price Races Towards $2K on Huge ETH Staking

    July 27, 2026

    NGX Group Declares N1.30 Interim Dividend

    July 27, 2026
    Latest Posts

    BEAT- Audiera Gains 24% in 24Hours Ahead of Major Token Unlock

    July 27, 2026

    South African Rand Firmer on Improved Global Risk Sentiment

    July 27, 2026

    Oil Prices Fall Sharply on Peace Hope, China Cuts Imports by 50%

    July 27, 2026

    Ethereum Price Races Towards $2K on Huge ETH Staking

    July 27, 2026

    NGX Group Declares N1.30 Interim Dividend

    July 27, 2026

    Subscribe to News

    Get the latest sports news from Dmarketforces Africa about finance, business and tech.

    Advertisement
    Facebook X (Twitter) Pinterest Vimeo WhatsApp TikTok Instagram

    News

    • World
    • Politics
    • Economy
    • Business
    • Opinions
    • Fintech
    • Science & Technology

    Company

    • About us
    • Advertising
    • Classified Ads
    • Contact Info
    • Editorial Policy

    Services

    • Subscriptions
    • Research
    • Due Diligence
    • Newsletters
    • Sponsored News
    • Work With Us

    Subscribe to Updates

    Subscribe to updates from MarketForces Africa, an independent financial news service provider.

    © 2026 MarketForces Africa. All rights reserved.
    • Privacy Policy
    • Terms
    • Accessibility

    Type above and press Enter to search. Press Esc to cancel.