Group Managing Director NNPC and Minister of State for Petroleum, Dr. Ibe Kachikwu, during his tour of Kaduna Refinery and Petrochemical Company, KRPC, yesterday, said the country will still rely on 75 per cent importation of fuel throughout the whole of next year. According to him:

“The future is that, Nigeria is still going to import fuel in 2016 and beyond. Best case situation is 25 per cent local and 75 per cent importation. Worse case is what we are experiencing now.

“Until we begin to get individuals who can co-relocate, we are going to be doing a mixture of local and importation of fuel to meet up demands. In the next few weeks, however, queues will disappear in fuel stations.”
The minister said that the Kaduna refinery will soon be producing more than two million litres per day capacity as soon as an Fluid Catalytic Cracking, FCC, unit is fully on stream. He said:

“We need to get it back to re-kit it to work well. We will do that with some level of production going on. Our concern is to have a consistent production and provision of products at all times.”

“We will not be fluctuating prices, we will take an average. Today no subsidy, in January we will look at the situation and announce it.”
In regards to privatization, he said:
“President Muhammadu Buhari has not approved any policy about selling the refineries.”

Vanguard
more News update @ www.opeyemiie..com

Hmmmmmm

when will our own refineries work optimal ?

Of course naaa! Making all our refineries work is not a days job. But by 2017, we shud be importing 40% @ most.

Sincerity of purpose and common 'wisdom' is the diffrence between our leaders and that of the western world.

Make fuel sha dey

The goodnews is that, these men we have on board are sincere abd truthful; they tell you as it's .

Please is there anyone who can assist me with solar power supply for my car and to cook food only I already have for electricity in the house. Tired of fuel issues.

I have no confidence in Apc government because of their lies!!

It has been the question we been asking ourselves

brunofarad:
when will our own refineries work optimal ?

Sunnycliff:
I have no confidence in Apc government because of their lies!!

hang yourself.

dahmie2013:
Of course naaa! Making all our refineries work is not a days job. But by 2017, we shud be importing 40% @ most.

haaaa 2017 ke.... too far

Ha!!!
Shey dem say all the refineries would be operational in 3 months?
And they want to remove subsidy!
APC no go kill us for naija

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