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Port Harcourt refinery kickoff a done deal – Marketers
Nigeria’s oil marketers have reignited hope that the Port Harcourt Refinery would commence commercial production in the coming weeks.
The national president of the Petroleum Products Retail Outlets Owners Association of Nigeria, Billy Gillis-Harry disclosed this in an exclusive interview with DAILY POST on Monday.
He said his recent visit to the 250 barrels per day refinery showed readiness to produce petroleum products in commercial quantity.
Gillis-Harry explained that the full-scale kickoff of Port Harcourt Refinery and Dangote Refinery would guarantee an end to fuel queues in Nigeria.
“Port Harcourt Refinery is gearing up to be on stream to produce Petroleum in commercial quantity. We pray and hope that in the coming days or weeks, this comes to light. I went personally to the refinery. I saw efforts in place to ensure the refinery works”, he told DAILY POST.
In a similar interview with an oil and gas expert, Zakka Bala, he said the hope for Nigeria’s energy security lies with the revitalization of its Port Harcourt, Warri, and Kaduna refineries.
According to him, Dangote Refinery is in the business to make a profit but the government-owned refineries are to provide services for Nigerians.
According to him, the government must not allow those who do not want the country’s national refineries to succeed.
“For me, I am bothered about the government-owned refinery. Dangote Refinery is a private business. The company is built to maximize profits. We need to understand why private businesses are profit-centered.
“The moment the private refineries start collecting crude allocation from national refineries, they will never want the refineries to come up again”, he told DAILY POST.
Recall that in July 2024, the Group Chief Executive Officer of Nigerian National Petroleum Company Limited, Mele Kyari projected that the Port Harcourt refinery would commence operation in August this year.
NNPCL had earlier announced March and July 2024 dates for the commencement of the refinery after its mechanical completion in December last year.
This comes after the Nigerian government in 2021 approved $1.5 billion for the turnaround maintenance of the refinery.
Recently, Opeyemi Bamidele, Chairman of the Senate Committee investigating alleged economic sabotage in the Nigerian Petroleum Industry called for a probe on the $1.5 billion for the maintenance of Port Harcourt refinery.
CREDIT: DAILY POST
Dangote Refinery has announced that it will need to export 95-97 percent of its Premium Motor Spirit (petrol) due to low interest from Nigerian marketers. The refinery, which processes 650,000 barrels per day, revealed that only 3 to 5 percent of petrol marketers are purchasing its fuel.
Devakumar Edwin, Vice President of Oil and Gas at Dangote Industries Limited, shared these details during an X Space session hosted by Nairametrics on Wednesday. He highlighted the challenges facing both the Dangote Refinery and Nigeria’s oil and gas sector.
Edwin explained, “I’m selling 2 to 3 percent to small traders who are willing to buy, while the remaining 95 to 97 percent has to be exported,” referring to the local sales of the refinery’s products.
This situation arises as the NNPCL’s deadline for adjusting the Dangote Refinery’s fuel distribution approaches without a clear plan in sight. It is worth noting that while Aliko Dangote, President of Dangote Group, has announced the refinery’s initial petrol rollout, its distribution to marketers is contingent upon NNPCL’s decisions.
The final sixteen teams for the 2024 FIFA U-20 Women’s World Cup in Colombia have been determined following the conclusion of the group stage.
In recent matches, Ghana triumphed over New Zealand with a score of 3-1, and Japan secured a 2-0 victory against Austria.
As a result, Japan has advanced to the Round of 16, joining the other 15 teams in this knockout stage.
The Round of 16 matches are scheduled for Wednesday, Thursday, and Friday.
The full lineup for the Round of 16 is as follows:
- Spain vs Canada
- Brazil vs Cameroon
- Colombia vs South Korea
- Mexico vs USA
- North Korea vs Austria
- Germany vs Argentina
- Netherlands vs France
- Japan vs Nigeria
The Nigerian Army has refuted claims of widespread resignations among its soldiers due to issues like corruption and low morale.
In a statement, Major General Onyema Nwachukwu, Director of Army Public Relations, dismissed these reports as unfounded.
A news outlet had alleged that numerous Nigerian soldiers were resigning because of corruption and low morale. However, the statement condemned these allegations as misleading and a deliberate attempt to create discontent and undermine the Nigerian Army’s reputation and the dedication of its personnel.
Major General Nwachukwu clarified that, similar to other military organizations worldwide, service in the Nigerian Army is voluntary rather than mandatory. This means that personnel have the freedom to resign following established procedures.
He explained that the resignation process allows personnel to prepare and manage their entitlements, including pensions and gratuities, as outlined in the Harmonized Terms and Conditions of Service (Officers/Soldiers).
Contrary to the report’s implications, the statement emphasized that Nigerian Army personnel are highly motivated, and their welfare is a priority under the leadership of Chief of Army Staff, Lieutenant General Taoreed Lagbaja.
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