Minister of Petroleum Resources Mrs Diezani Allison-Madueke stated further that with a 24-month mandate to fix the old refineries, the Nigerian National Petroleum Corporation (NNPC) has already embarked on consultation to ensure that the TAM takes off next year, which is expected to take off with Port Harcourt refinery.

“The nation’s refining capacity would receive significant boost in the next three years, with the coming up three new refineries and the TAM of the traditional refineries, which is now being handled by the companies that first built them to ensure that this time the facilities will actually give us the result that we desire in this country and take us to 95 per cent capacity utilization in all our traditional refineries.”

The Group Managing Director of NNPC, Austen Oniwon said: “We have given ourselves 24 months to raise the three refineries, we are starting with Port Harcourt refinery, and we have engaged JDP of Japan, which is partnering with Tecnimont of Italy and they are presently in talks, with the hope that by the third quarter of next year they will move into Port Harcourt refinery and commence rehabilitation. It is not just the Turn Around Maintenance; it is the full rehabilitation of the refineries.

Obiagu1:

3 more refineries and none will be sited in the SE.

Too much cheating for this country and they expect us to sit down for SE dey look dem

We go invade all your towns and villages, wherever they carry am go we go go too and become natives of those towns as well.
Tomorrow make una no complain when we try to be governor of those states.

Dis Guy:

erm isnt this old new? the mou was signed long ago

Dis Guy:

Who are they? GEJ, Allison, Oniwon are all southerners aren't they?

77ken:

I think the post is a little misleading, carrying out turn-around maintenance on The Three Existing Refineries [b][/b] is different from building
3 Brand new refineries,[b][size=20pt] Believe me it is not possible to build 3 refineries in 24 months[/size] [/b]unless it is the usual Government Gibberish.

isleman:

We know the trick, when you hear such, it means more money would be looted in 24 months.