BusinessFeatured

Kaduna Refinery Set To Reopen By December 2024, Says Minister 

Daud Olatunji

The Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, has revealed that the ongoing quick-fix project at the Kaduna Refinery and Petrochemicals Company Limited is on track to be fully operational by December 2024. 

This promising update was conveyed in an official statement posted on the Nigerian National Petroleum Company Limited’s platform over the weekend.

During an inspection tour of the Kaduna Refinery & Petrochemicals, where he assessed the progress of the ongoing quick-fix project, Lokpobiri expressed his confidence in the refinery’s timely restoration by the end of 2024.

 He emphasized the remarkable progress observed during his visit and stressed his commitment to holding key players involved in the rehabilitation process accountable. 

Furthermore, the Minister pledged the unwavering support of the Federal Government to ensure the project’s timely completion.

In his address, Lokpobiri highlighted the urgent need to restore the refinery to operational status, emphasizing its critical role in the nation’s economic prosperity and energy security, both of which are vital for sustainable development.

Mele Kyari, the Group Chief Executive Officer of NNPC Limited, echoed the Minister’s optimism and assured Lokpobiri that the fuel plant at the refinery will be ready for production by December 2024. 

Kyari confirmed that all necessary preparations are in place, with the contractor already mobilized to the site and the essential equipment for the quick-fix activities already on-site.

Kyari stated, “We are very confident that we will secure the appropriate financing to bring the project to fruition, and ultimately, we will begin delivering value to the Nigerian people once again.” 

He outlined the plan for a quick fix with a production capacity of 60,000 barrels per day, a step towards generating revenue from the facility. 

This aligns with the completion of the Build, Operate, and Transfer (BOT) pipeline project, ensuring a reliable pipeline delivery infrastructure.

The Minister’s announcement and the proactive commitment of NNPC Limited represent a significant development in restoring Kaduna Refinery and Petrochemicals, which is poised to enhance energy security and contribute to the nation’s sustainable development. With a clear target to reopen by December 2024, the refinery’s revival promises a positive impact on Nigeria’s economy and energy sector.

Do you want to share a story with us? Do you want to advertise with us? Do you need publicity for a product, service, or event? Contact us on WhatsApp +2348183319097 Email: platformtimes@gmail.com

We are committed to impactful investigative journalism for human interest and social justice. Your donation will help us tell more stories. Kindly donate any amount HERE

Royal Institute of Health Technology

Related Articles

Back to top button