Home Business A New Dawn for Nigerian Refining: Project Update

A New Dawn for Nigerian Refining: Project Update

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Bayo Ononuga, President Bola Tinubu’s Special Adviser on Information and Strategy, has said that the second facility of the Port Harcourt refinery, which will produce 150,000 barrels per day, is being worked on.

Port Harcourt refinery company currently has two facilities, which in total should produce 210,000 barrels per day. The first facility, which produces 60,000 barrels per day, is operating at a 70% production rate, as disclosed by Bayo.

He posted on X (formerly Twitter) after his fact-finding mission to the Port Harcourt refinery. He said, “Putting to Rest Rumours about Port Harcourt Refinery Complex: Our Fact-Finding Mission”,

He dismissed the lies and rumours about the operations of the refinery.

“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 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 percent, it is functioning at 70 percent installed capacity, with plans to increase production shortly.

“Furthermore, the refinery receives regular crude supplies, contrary to claims that it lacks crude to refine.”

He further said that during his visit, they verified that the refinery processes petroleum products, including kerosene, low-pour fuel oil, liquefied petroleum gas, diesel, and petrol.

“The latter is blended with other products to make the petrol we use in our cars. We even tested samples of the products,” he said.

“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 standard,” said Bayo Ononuga.

Onanuga said the fact-finding mission “has buried the various doubts and lies about the Port Harcourt Refinery Complex.”

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