The year is ending on a high for Nigeria as President Tinubu revels the pleasant news of the successful reopening of the Warri Refinery.
The 125,000 refinery long comatose was opened yesterday, December 30, by the Nigerian National Petroleum Company Limited (NNPCL) as a noteworthy milestone in 2024.
This follows the November restart of the Port Harcourt Refinery, which processes 60,000 barrels per day.
After years of dormancy, the Warri Refinery now operates at 60% of its 125,000-barrel-per-day capacity.
This progress aligns with the administration’s plans to boost local refining and position Nigeria as a leader in downstream oil and gas activities across Africa.
The overhaul of Nigeria’s four state-owned refineries began under the previous administration, with contracts awarded for their rehabilitation.
Tinubu emphasized that this achievement demonstrates his government’s commitment to enhancing energy production and ensuring national energy security.
NNPCL is also tasked with completing repairs on the Kaduna Refinery and the second Port Harcourt Refinery to further solidify Nigeria’s standing in global energy markets.
These ongoing efforts aim to make Nigeria a hub for refining and industrial activities, while ensuring a steady supply of critical petroleum products such as kerosene and automotive gas oil.
This development closes the year on a high note for Nigeria’s oil sector, reinforcing the nation’s position as a major crude oil producer and strengthening public optimism for future industrial growth.
