The Downstream Committee of the Nigerian Senate has announced that the country’s three government-owned refineries will be fully operational by January 2025.
Senator Jide Ipinsagba, the Vice Chairman of the Committee and representative of Ondo North Senatorial District, reported that the retrofitting of the Kaduna, Warri, and Port Harcourt refineries is nearing completion.
Ipinsagba also noted that the Dangote refinery in Lagos State will soon start refining Premium Motor Spirit (PMS), commonly known as petrol. He expressed the committee’s satisfaction with the progress observed during their oversight visit to the refineries.
He further stated that refined petroleum products would be exported once domestic needs are fulfilled.
“Effort is on top gear to ensure that all the refineries are functioning before the end of this year. We have done oversight of all the refineries, and we have good promises from them based on what we saw there.
“Port Harcourt refinery today has about 90 to 95 percent optimisation in terms of retrofitting. Warri is almost about 80 percent, and Kaduna is almost about 70 percent.
“Dangote refinery is ready to operate any moment from now on. With all this, internal consumption of fuel will not be a problem, and we will have the opportunity to also export our refined oil.”
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