Entrepreneurs, Fani-Kayode Applaud Revival Of Port Harcourt Refinery

Marketer and former aviation minister Femi Fani-Kayode has described the resurrection of the Port Harcourt Refinery as one of the vital encouraging issues that has occurred within the petroleum sector for a few years.

They stated President Bola Tinubu and the Nigerian Nationwide Petroleum Firm Restricted (NNPCL) deserve applause for the feat.

Fani-Kayode, nonetheless, regretted that some components within the non-public sector who’re new within the discipline had been doing all they may to undermine and understate this nice victory for Nigeria and urged the NNPC to take extra energetic steps to make sure different refineries are working in order that Nigerians can have trigger to smile once more.

“Each optimistic and true lover of Nigeria’s progress and President Tinubu’s renewed hope agenda have to be pleased with the GMD Mele Kyari. His tenacity, bravery, ingenuity and forthrightness has been rewarded with this nice feat. “Certainly that is hope renewed for Nigerians.” Fani-Kayode stated.
The entrepreneurs uner the aegis of Petroleum Merchandise Retail Retailers Homeowners Affiliation of Nigeria (PETROAN) has dismissed rumours that the resuscitated Port Harcourt refinery isn’t functioning.

“The Nationwide Headquarters of PETROAN is compelled to set the data straight.
“WE state emphatically that the Outdated Port Harcourt refinery is practical and producing refined Petroleum merchandise for the time being.” Dr Joseph Obele, spokesman of the affiliation stated.

LEADERSHIP studies that on Tuesday the highest administration of NNPC Ltd led by Engr Mele Kyari took stakeholders and journalists to the plant for first-hand info.

The previous Port Harcourt refinery is presently working at 70 per cent of its put in capability, with plans to ramp as much as 90 per cent.

That is opposite to speculations that the revamped refinery is a mere mixing plant and unproductive as circulated by most naysayer, stated Obele.

Obele went additional to say, “As a part of PETROAN’s oversight operate as key stakeholders, we now have direct entry to the plant on the authorization of administration and we’ll encourage whoever is doubting the practical standing of the plant to contact NNPC administration for facility tour slightly than spreading deceptive info.”

He added, “It’s extra vital to state right here that the practical plant at operation is the previous refinery with the capability of 60,000 barrels per day, whereas the brand new port Harcourt refinery with the capability of 200,000 barrels per day continues to be below rehabilitation which is because of start manufacturing quickly as introduced by the administration of NNPCL.”

Each Refineries are inside the identical complicated at Alesa Eleme in Rivers State The previous Port Harcourt refinery which was constructed within the yr 1965 stopped manufacturing over 21 years in the past, whereas the brand new Port Harcourt refinery stopped manufacturing within the yr 2019.