Business

NNPC says Kaduna refinery is at 60% completion

NNPC says Kaduna refinery is at 60% completion

Going words of the Nigerian National Petroleum Company Limited (NNPCL), the Kaduna Refinery and Petrochemicals Company (KDPRC) has attained more than 60 per cent mechanical completion.

NNPCL Executive Vice President (Downstream) Isiyaku Abdullahi dropped the hint yesterday in Abuja during the NNPCL Workshop/Engagement session with Kannywood artistes.

He said the company has been working assiduously to deliver the refinery this year, adding that the state-run oil firm was simultaneously working on the pipelines with its in-house capacity.

Abdullahi said: “Kaduna in sha Allah should come on stream this year. We are working tirelessly for the pipelines. We are working on Kaduna.

READ ALSO:

“God willing, it should come to stream this year. We are working tirelessly on the pipelines. We are doing in- house project; we have gone more than 60 per of mechanical completion.”

Abdullahi said: “All the three refineries work directly under my superintendence. And as you are aware, God has been wonderful with a good leadership that we have been able to revamp Port Harcourt and Warri Refineries.

“And by God’s grace, this year, we will deliver Port Harcourt Refinery.”

The EVC urged Nigerians to get prepared for the purchase of the Initial Public Offer (IPO) of NNPCL very soon.

He advised them to set aside some of their funds for the investment in oil and gas will is accountable for several derivatives globally.

Abdullahi said: “For all Nigerians, there is an opportunity. Very soon, we will go IPO. We will go public. Put certain amount of money aside so that come and get from oil and gas.”

NNPC says Kaduna refinery is at 60% completion

Trends Admin

Recent Posts

$100m coin collection buried for decades to be auctioned

$100m coin collection buried for decades to be auctioned A coin collection, much of which remained…

8 hours ago

We won’t stop Sharia panels from operating in Oyo – Gov Makinde

We won’t stop Sharia panels from operating in Oyo – Gov Makinde Oyo State Governor,…

9 hours ago

EFCC re-arraigns son of ex-PDP chairman for alleged N2.2bn oil subsidy fraud

EFCC re-arraigns son of ex-PDP chairman for alleged N2.2bn oil subsidy fraud Mamman Nasir Ali, the son…

9 hours ago

Group says Natasha’s recall will deepen democracy

Group says Natasha’s recall will deepen democracy The Campaign for Democracy, a civil society organisation,…

9 hours ago

We welcome Gov Makinde’s U-turn on Shari’ah panel – MURIC

We welcome Gov Makinde’s U-turn on Shari’ah panel – MURIC The Governor of Oyo State,…

9 hours ago

How immigration officer was shot in Niger State, FG speaks on new action

How immigration officer was shot in Niger State, FG speaks on new action The Federal Government has offered…

9 hours ago