The Warri Refinery in Nigeria has reopened after years of closure, operating at 60% capacity. This achievement is seen as a significant step towards restoring Nigeria's position as a major oil producer and has boosted public confidence in President Bola Tinubu's leadership.
The Warri Refinery, which had been shut down for years due to disrepair and crude shortages, is now running at 60% capacity, according to Bayo Onanuga, the presidential spokesperson. The re-opening of the refinery is considered a remarkable achievement in 2024, which has strengthened Nigerians' faith in President Bola Tinubu.
He praised the management of the Nigerian National Petroleum Corporation (NNPC) under the leadership of Mele Kyari for their efforts to restore Nigeria's glory and pride as a major oil-producing nation. The 125,000 barrels per day (bpd)-capacity of Warri Refinery had been shut down for years due to technical issues. President Bola Tinubu has expressed his profound joy at the re-opening of the Warri Refining and Petrochemical Company by the Nigerian National Petroleum Company Limited. The federal government has successfully unlocked a total refining capacity of 117,000 barrels per day (bpd) with the operational take-off of both the Warri and Port Harcourt Refineries. The Nigerian National Petroleum Company Limited, NNPCL, has announced that the Warri Refining and Petrochemical Company (Warri Refinery) with a capacity of 125,000 barrels per day, has restarted operations. 'Today, the Warri Refinery returned to operation weeks after NNPC Limited restarted the 60,000 Barrels per day at the Port Harcourt Refinery in November.' The Nigerian National Petroleum Company Limited (NNPC) yesterday announced the restart of the 125,000 barrels per day (bpd) Warri Refinery and Petrochemical Company (WRPC), which was shut down for years. Former President Olusegun Obasanjo has expressed concerns that those currently profiting from Nigeria's fuel importation sector may seek to undermine the Dangote Petroleum Refinery. The billionaire Nigerian oil magnate, Aliko Dangote, has questioned why the state-owned Nigeria National Petroleum Company Limited (NNPC) and private retailers still import fuel, despite the Dangote Refinery's capacity
ENERGY WARRI REFINERY NIGERIA OIL PRODUCTION PRESIDENT TINUBU NNPC
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Nigeria: Again, Dangote Refinery Announces Reduction in Price of PetrolThe company said the reduction is designed to ease transport costs during the festive period.
Read more »
Nigeria: We Took $1bn Loan to Support Dangote RefineryThe Nigerian National Petroleum Company Limited (NNPCL) has revealed that the federal government through the company took a loan of $1 billion to support the Dangote refinery project when it encountered some financial difficulties.
Read more »
60 powerful Christmas Bible verses to share this holiday seasonThis collection of Christmas Bible verses inspires and enlivens the season. Reflect on the true meaning of Christmas as you celebrate Jesus' birth.
Read more »
Pokemon Trading Card Game Pocket Roars to Success with 60 Million DownloadsThe Pokemon Trading Card Game Pocket, a virtual version of the classic collectible card game, has achieved phenomenal success since its launch. With over 60 million downloads and an estimated $180 million in revenue in just six weeks, the game has quickly become one of the most popular mobile games of all time. The game's success is attributed to its innovative blend of opening virtual booster packs, collecting Pokemon, and engaging in online battles. This resurgence in Pokemon's popularity has also translated to a rise in physical card sales, bringing the nostalgic pastime back into fashion among school children.
Read more »
Konstas Blasts Debut 60 as Australia Dominates Day OneSam Konstas celebrates his brilliant debut with a 60-run knock as Australia takes a commanding lead over India on day one of the fourth test.
Read more »
Table Mountain Fire Contained at 60%, Trails and Road ClosedSixty percent of the fire raging on the front face of Table Mountain has been contained, according to SANParks. The fire has prompted closures of trails and roads, including the Platteklip Gorge trail and Contour Path, as well as Tafelberg Road at Kloof Nek Road. Visitors are urged to avoid the area until further notice.
Read more »