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Business & Economy
Business & Economy

Kaduna Refinery at 60% mechanical completion, says NNPCL

The FrontierThe FrontierFebruary 12, 2025 2941 Minutes read0

•Kaduna Refinery

Going words of the Nigerian National Petroleum Company Limited (NNPCL), the Kaduna Refinery and Petrochemicals Company (KDPRC) has attained more than 60 per cent mechanical completion.

NNPCL Executive Vice President (Downstream) Isiyaku Abdullahi dropped the hint yesterday in Abuja during the NNPCL Workshop/Engagement session with Kannywood artistes, reports The Nation.

SDP Poster Layout

He said the company has been working assiduously to deliver the refinery this year, adding that the state-run oil firm was simultaneously working on the pipelines with its in-house capacity.

Abdullahi said: “Kaduna in sha Allah should come on stream this year. We are working tirelessly for the pipelines. We are working on Kaduna.

“God willing, it should come to stream this year. We are working tirelessly on the pipelines. We are doing in- house project; we have gone more than 60 per of mechanical completion.”

Abdullahi said: “All the three refineries work directly under my superintendence. And as you are aware, God has been wonderful with a good leadership that we have been able to revamp Port Harcourt and Warri Refineries.

“And by God’s grace, this year, we will deliver Port Harcourt Refinery.”

The EVC urged Nigerians to get prepared for the purchase of the Initial Public Offer (IPO) of NNPCL very soon.

He advised them to set aside some of their funds for the investment in oil and gas will is accountable for several derivatives globally.

Abdullahi said: “For all Nigerians, there is an opportunity. Very soon, we will go IPO. We will go public. Put certain amount of money aside so that come and get from oil and gas.”

 

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