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Despite being shut down, there are indications that the Nigerian National Petroleum Company Limited (NNPC) may have left over N136 billion as operational deficits across its three refineries in Kaduna, Port Harcourt and Warri.

This is as concerns over delivery timeline and violations of local content law dog ongoing rehabilitation of the refineries.

Recall that NNPC had shut down the 445,000-capacity refineries for over two years, yet kept the over 1,701 staff at the facilities, as it rehabilitates the Port Harcourt refinery for $1.5 billion and those of Warri and Kaduna for $1.4 billion.

Source: Guardian