The Federal Government, through the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), has approved licences for the construction of three new refineries. In an announcement on its official X handle on Friday, the NMDPRA stated that the new facilities will boost Nigeria’s domestic refining capacity by 140,000 barrels per day. Eghudu Refinery Ltd in Edo State received a licence for a 100,000 bpd refinery, while MB Refinery and Petrochemicals Company Ltd in Delta State was granted a 30,000 bpd refinery licence. Additionally, HIS Refining and Petrochemical Company Ltd secured a licence for a 10,000 bpd refinery in Abia State. “The Authority Chief Executive, Engr. Farouk Ahmed presented a License to Construct a 100,000 bpd refinery to Eghudu Refinery Ltd in Edo state, a License to Establish a 30,000 bpd refinery to MB Refinery and Petrochemicals Company Ltd in Delta state, and a License to Establish a 10,000 bpd refinery to HIS Refining and Petrochemical Company Ltd. in Abia state. “These Licenses, which would add 140,000 barrels per day to Nigeria’s domestic refining capacity, were presented to the MDs of the companies,” the post read.