Just In : NNPC reveals when Nigeria Will Stop Importing Petrol
The Group Chief Executive Officer, Nigerian National Petroleum Corporation (NNPC), Mele Kyari has stated that Nigeria will stop consuming imported Petrol by the end of this year.
Represented by the NNPCL Chief Financial Officer, Umar Isa Ajiya at a book launch in Abuja, he said: “We have moved from a loss marking corporation within six months of taking over and we have declared profit.
“We have moved the company that is focused on Upstream development to Refinery and Downstream marketing.
“The culture of selling crude outside and Importing refine will stop this year. Nigerians will not be buying Petroleum product refined abroad but product refined locally.
Meanwhile Kyari, has said the Port Harcourt refinery will commence operations in two weeks.
The NNPC Boss who appeared before the Senate ad-hoc committee investigating the various Turn Around Maintenance (TAM) Projects of the Nigerian Refineries said over 450,000 barrels of oil has already been stocked into the Port Harcourt refinery.
In an interview with newsmen after briefing the senators, Kyari said the mechanical works have been completed on the Port Harcourt, Warri, and Kaduna refineries, stressing that the Kaduna refinery would commence operations in December this year.
He said, “We are serving this country with honour and dignity. And we will make sure that the promises we make on the rehabilitation of this refineries will take place.
