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Home Economy And Business

BREAKING: NNPCL Invites Obasanjo To PH Refinery For On Spot Assessment

Soneye extended an invitation to Obasanjo to witness the progress made at the refinery since its rehabilitation, highlighting the organization’s transformation efforts.

by NewsOnline Nigeria
January 2, 2025
in Economy And Business, Headline
0
Former President Obasanjo

Former President Obasanjo

NNPCL has officially invited Former President Obasanjo to Port Harcourt Refinery for an on-the-spot assessment.

 

NewsOnline Nigeria reports that the Nigerian National Petroleum Company Limited (NNPCL) has invited former President Olusegun Obasanjo to tour the Port Harcourt Refinery and verify its current operational status.

 

This invitation comes in response to Obasanjo’s recent interview with Channels Television, where he referenced advice from Shell Petroleum Development Company (SPDC) indicating that the refinery might not function efficiently. SPDC, which was approached for equity participation in the refinery, reportedly raised concerns about corruption affecting its operations.

 

ALSO: Tinubu Approves Establishment Of New Company To Reduce Food, Drug Prices

 

The former president also accused NNPCL of allegedly misleading Nigerians about the refinery’s performance.

 

In a statement, NNPCL’s Chief Corporate Communications Officer, Olufemi Soneye, emphasized the company’s dedication to transparency and accountability.

 

Soneye extended an invitation to Obasanjo to witness the progress made at the refinery since its rehabilitation, highlighting the organization’s transformation efforts.

 

Soneye explained that NNPCL’s efforts at the Port Harcourt Refinery went beyond routine maintenance, involving a complete overhaul to meet international standards.

 

He noted similar rehabilitation projects underway at the Warri, old Port Harcourt, and Kaduna refineries.

 

According to Soneye, NNPCL’s transition from a government corporation to a private entity with limited liability has shifted its focus to profitability, positioning it as a competitive global energy company.

 

He reiterated the organization’s commitment to maintaining refineries at global standards and ensuring sustainable operations to bolster Nigeria’s energy security.

 

Addressing Obasanjo’s remarks, Soneye clarified that NNPCL values the former president’s insights and contributions to national discourse.

 

He assured Nigerians of the company’s commitment to building a brighter future through its transformative initiatives.

When asked about reports suggesting NNPCL’s plans to halt crude oil supply to the Dangote Refinery, Soneye dismissed the claims, stating there was no need to respond to falsehoods.

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