VANGUARD NEWS The Nigerian National Petroleum Corporation (NNPC) has assured Nigeria that planned rehabilitation of the Port Harcourt refinery would be completed as scheduled in April, 2023. The corporation said the rehabilitation which would cost $1.5 billion would bring the…
THE CABLE In March, the federal executive council (FEC) approved the sum of $1.5 billion for the rehabilitation exercise. The repair, which will be executed by Tecnimont SPA, an Italian company, will be done in three phases of 18, 24…
ECONOMIC CONFIDENTIAL The Niger Delta Non-Violence Agitators Forum has said the opposition to the $1.5bn proposed by the Federal Government for the rehabilitation of the Port Harcourt refinery is needless. The organisation also said going to court to ensure that…
ECONOMIC CONFIDENTIAL The Niger Delta Non-Violence Agitators Forum has said the opposition to the $1.5bn proposed by the Federal Government for the rehabilitation of the Port Harcourt refinery is needless. The organisation also said going to court to ensure that…
THE GUARDIAN The United Niger Delta Energy Development Security Strategy (UNDEDSS) has said no individual or group can coerce the Niger Delta region into Biafra, O’dua Republic or any other secessionist group within and outside the country. In a communiqué…
NAIRAMETRICS The Minister of State for Petroleum Resources, Timipre Sylva, has asked Nigerians to hold him responsible for every dollar spent on the renovation of the Port Harcourt refinery in Rivers State. He disclosed this in a television programme monitored…
THE NATION The Ijaw Youths Council (IYC) Worldwide has described the approval of $1.5bn for the rehabilitation of the Port Harcourt Refinery as a sign that the Federal Government has woken up from its slumber. The IYC in a statement…
THE NATION More reactions on Thursday trailed Wednesday’s approval of $1.5 billion by the Federal Executive Council’s (FEC’s) for the rehabilitation of the Port Harcourt Refinery. Former Vice-President Atiku Abubakar said the approval was suspicious while Lagos Chamber of Commerce…
AFRICA MINING MARKET Nigeria’s state oil firm NNPC is in talks to raise around $1 billion in a prepayment with trading firms to refurbish its largest refining complex at Port Harcourt, seven sources familiar with the discussions said. If the…
NIGERIAN TRIBUNE The Group Managing Director, Nigerian National Petroleum Commission (NNPC), Mallam Mele Kyari at the weekend, disclosed that rehabilitation works would commence on the Port Harcourt refinery by 2021 first quarter. This was even as he assured Nigerians of…
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