Port Harcourt Refinery Will Be Rehabilitated, Not For Sale – NNPCL


The Nigerian National Petroleum Company Limited (NNPC Ltd) has ruled out the sale of the Port Harcourt Refining Company, reaffirming its commitment to the full rehabilitation and retention of the state-owned facility.


The Group Chief Executive Officer of NNPC Ltd, Bayo Ojulari, made the clarification during a company-wide town hall meeting held at the NNPC Towers in Abuja, ending weeks of speculation over the refinery’s future.


A statement issued by the company on Wednesday quoted Ojulari as saying that selling the Port Harcourt refinery would be “ill-advised and sub-commercial”.


Read https://www.tvcnews.tv/port-harcourt-refinery-will-be-rehabilitated-not-for-sale-nnpcl/ more

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