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

Facebook, Instagram Global Outage: Over 130,000 Reports as Millions Logged Out

Facebook, Instagram Global Outage: Over 130,000 Reports as Millions Logged Out NEW YORK/LONDON/SINGAPORE – Meta-owned social…

9 hours ago

Bandits Tie Women With Hijabs, March Them Into Forest in Sokoto Mass Abduction

Bandits Tie Women With Hijabs, March Them Into Forest in Sokoto Mass Abduction SOKOTO – Scores…

9 hours ago

No Election Is Perfect Anywhere – Fashola Tells Opposition to Accept Results

No Election Is Perfect Anywhere – Fashola Tells Opposition to Accept Results LAGOS – Former Lagos…

10 hours ago

Elon Musk Becomes World’s First Trillionaire After SpaceX IPO Valuation Surge

Elon Musk Becomes World’s First Trillionaire After SpaceX IPO Valuation Surge Elon Musk has officially…

10 hours ago

Iran to US: No Deal Unless We Keep Enriching Uranium & Controlling Hormuz

Iran to US: No Deal Unless We Keep Enriching Uranium & Controlling Hormuz TEHRAN /…

10 hours ago

Sowore Collapses as Tear Gas Disrupts Democracy Day Protest in Abuja

Sowore Collapses as Tear Gas Disrupts Democracy Day Protest in Abuja Human rights activist and…

11 hours ago