₦airaland Forum

Welcome, Guest: RegisterLoginWith GoogleTrendingRecentNew

Stats: 3,325,117 members, 8,420,444 topics. Date: Thursday, 04 June 2026 at 07:53 PM

Toggle theme

NMDPRA Issues Licences To Three Oil Companies To Construct Refineries - Politics - Nairaland

Nairaland ForumNairaland GeneralPoliticsNMDPRA Issues Licences To Three Oil Companies To Construct Refineries (14223 Views)

1 2 3 Reply (Go Down)

NMDPRA Issues Licences To Three Oil Companies To Construct Refineries by Islie(op): 3:11pm On Mar 08, 2025
by Busola Aro


The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) says it has issued licences to three oil companies to construct refineries.

In a post on X Friday, NMDPRA said the refineries would contribute 140,000 barrels per day (bpd) to Nigeria’s domestic refining capacity.

NMDPRA said Eghudu Refinery Limited will produce 100,000 bpd, MB Refinery and Petrochemicals Company Limited will produce 30,000 bpd, and HIS Refining and Petrochemical Company Limited will establish 10,000 bpd.

“The authority Chief Executive, Engr. Farouk Ahmed presented a License to Construct a 100,000 bpd refinery to Eghudu Refinery Ltd in Edo state, a License to Establish a 30,000 bpd refinery to MB Refinery and Petrochemicals Company Ltd in Delta state,and a License to Establish a 10,000 bpd refinery to HIS Refining and Petrochemical Company Ltd. in Abia state,” NMDPRA said.

“These licenses, which would add 140,000 barrels per day to Nigeria’s domestic refining capacity, were presented to the MDs of the companies.”

In August 2024, NMDPRA issued an operational licence to Edo Refinery and Petrochemical Company Limited, Ologbo, Edo state.

NMDPRA said the operational licence was the final stage of approval from the regulatory authority, as the plant can now fully operate as a refinery.
https://www.thecable.ng/nmdpra-issues-licences-to-three-oil-companies-to-construct-refineries/

Re: NMDPRA Issues Licences To Three Oil Companies To Construct Refineries by LordBiden(m): 3:13pm On Mar 08, 2025
One of those licenses will surely be linked to tinubu either directly owned or by proxy,man is damn too greedy.
Re: NMDPRA Issues Licences To Three Oil Companies To Construct Refineries by simpleseyi: 3:19pm On Mar 08, 2025
LordBiden:
One of those licenses will surely be linked to tinubu either directly owned or by proxy,man is damn too greedy.
He has refineries in Nigeria and abroad already before he became President
Re: NMDPRA Issues Licences To Three Oil Companies To Construct Refineries by chatinent: 3:45pm On Mar 08, 2025
It'll create more jobs..
Re: NMDPRA Issues Licences To Three Oil Companies To Construct Refineries by Tjra:
LordBiden:
One of those licenses will surely be linked to tinubu either directly owned or by proxy,man is damn too greedy.
Apply for license too na bros. It will surely be approved.

We need more of it.
Re: NMDPRA Issues Licences To Three Oil Companies To Construct Refineries by Ola9ja23: 4:01pm On Mar 08, 2025
LordBiden:
One of those licenses will surely be linked to tinubu either directly owned or by proxy,man is damn too greedy.
All located in SS and SE. Don't you think Tinubu hates SE and SS again ?


Ipobidiens and gibberish na 5&6
Re: NMDPRA Issues Licences To Three Oil Companies To Construct Refineries by IamAtAnger: 4:13pm On Mar 08, 2025
Make dem sha build am.. at least e go dey competitive. Una too dey complain for this country
LordBiden:
One of those licenses will surely be linked to tinubu either directly owned or by proxy,man is damn too greedy.
Re: NMDPRA Issues Licences To Three Oil Companies To Construct Refineries by TheWitchKing(m):
Ola9ja23:
All located in SS and SE. Don't you think Tinubu hates SE and SS again ?


Ipobidiens and gibberish na 5&6
I will credit your account with 150,000 if you can directly prove that man is Igbo. Directly o. You basically make senile statements and think anyone who says ill about your Messiah is Igbo.
Re: NMDPRA Issues Licences To Three Oil Companies To Construct Refineries by BIZNess123(m): 4:15pm On Mar 08, 2025
cool

They said if refineries are working..naira will be stronger, things will change drastically...

Refineries are now working yet marketers are still importing...

We are our own problem....


Someone is budgeting 947billion for census..
Even if you employ 1million adhoc staff and pay them 200k each ..it won't be up to half of the money..
Re: NMDPRA Issues Licences To Three Oil Companies To Construct Refineries by YeyeGbami: 4:15pm On Mar 08, 2025
LordBiden:
One of those licenses will surely be linked to tinubu either directly owned or by proxy,man is damn too greedy.
One keh, na all three. Your decrepit brain is no different than that of biden.
Re: NMDPRA Issues Licences To Three Oil Companies To Construct Refineries by EXOUSIAng:
I will still be alive when a litre of fuel will sell at N150.
I believe in a better Nigeria.
More refineries, more competition

Apcshit:
It is not possible
I wasn't talking "YOUR" possibility
Re: NMDPRA Issues Licences To Three Oil Companies To Construct Refineries by Apcshit: 4:16pm On Mar 08, 2025
The refineries that won't make price of fuel go dowm
Re: NMDPRA Issues Licences To Three Oil Companies To Construct Refineries by lexy2014: 4:16pm On Mar 08, 2025
simpleseyi:
He has refineries in Nigeria and abroad already before he became President
where did he get money to establish refineries in nigeria and abroad before he became president?
Re: NMDPRA Issues Licences To Three Oil Companies To Construct Refineries by BeRightBack:
My only concern is that the price of fuel should reduce in this country.

Re: NMDPRA Issues Licences To Three Oil Companies To Construct Refineries by EmperorIsaac(m): 4:16pm On Mar 08, 2025
grin
Re: NMDPRA Issues Licences To Three Oil Companies To Construct Refineries by Apcshit: 4:16pm On Mar 08, 2025
EXOUSIAng:
I will still be alive when a litre of fuel will sell at N150.
I believe in a better Nigeria.
More refineries, more competition
It is not possible
Re: NMDPRA Issues Licences To Three Oil Companies To Construct Refineries by Saga16: 4:18pm On Mar 08, 2025
grin
Re: NMDPRA Issues Licences To Three Oil Companies To Construct Refineries by Mamaafrik1(m): 4:19pm On Mar 08, 2025
These are the moves that will reduce the price and further make the product readily available.
Re: NMDPRA Issues Licences To Three Oil Companies To Construct Refineries by kelvindj98: 4:20pm On Mar 08, 2025
When BUA's refinery becomes operational then I will believe that there are local players ready to compete with Dangote. For now though we can only watch.
Re: NMDPRA Issues Licences To Three Oil Companies To Construct Refineries by favor914: 4:20pm On Mar 08, 2025
LordBiden:
One of those licenses will surely be linked to tinubu either directly owned or by proxy,man is damn too greedy.
Sorry for u poor Thing, I thought Tinubu was the owner of Oando who just purchased a refinery in Angola?

The grant of ordinary license by a civil servant is what u poor man is salivating overhuh

Ok u have collected license, go & borrow the money to build it, abi novices like u think that the grant of a license, is automatic money for uhuh
Re: NMDPRA Issues Licences To Three Oil Companies To Construct Refineries by obembet(f): 4:20pm On Mar 08, 2025
LordBiden:
One of those licenses will surely be linked to tinubu either directly owned or by proxy,man is damn too greedy.
One of the reasons why I like Peter obi is that he invented some Money he embezzled during abacha in Nigeria. So anytime I see politicans invest in Nigeria, I appreciate them
grin
Re: NMDPRA Issues Licences To Three Oil Companies To Construct Refineries by Chimarto: 4:21pm On Mar 08, 2025
Ola9ja23:
All located in SS and SE. Don't you think Tinubu hates SE and SS again ?


Ipobidiens and gibberish na 5&6
You have accepted that delta is now south east?
Re: NMDPRA Issues Licences To Three Oil Companies To Construct Refineries by zombieHUNTER: 4:23pm On Mar 08, 2025
What about the NNPc refineries?

Are they tired of propaganda
Re: NMDPRA Issues Licences To Three Oil Companies To Construct Refineries by BreconHills(m): 4:26pm On Mar 08, 2025
LordBiden:
One of those licenses will surely be linked to tinubu either directly owned or by proxy,man is damn too greedy.
🤡
Re: NMDPRA Issues Licences To Three Oil Companies To Construct Refineries by favor914: 4:27pm On Mar 08, 2025
zombieHUNTER:
What about the NNPc refineries?

Are they tired of propaganda
When they finish their refurbishment & offer the refinery up for sale, na still u go wail pass, why them they sell am, we no gree, Tinubu wan buy our refinery.

Confused Hypocrisy in motion, why will government lie to an Inconsequential person like a Zombie Hunter?
Re: NMDPRA Issues Licences To Three Oil Companies To Construct Refineries by favor914: 4:29pm On Mar 08, 2025
BreconHills:
🤡
That lordbiden na Real Clown, Like em uncle Joe Biden.
Re: NMDPRA Issues Licences To Three Oil Companies To Construct Refineries by masterflowx(m): 4:32pm On Mar 08, 2025
LordBiden:
One of those licenses will surely be linked to tinubu either directly owned or by proxy,man is damn too greedy.
21 oil well was first pushed out for bidding last year July. And 19 was added to it in November last year, all for bidding.

I'm 100% sure that Seyi Tinubu, Remi Tinubu And Folashade Ojo won at least, each for themselves out of the 40 oil well.

The greatest mistake Nigerians has ever made was to allowed the stiπking Iragbiji man to enter Aso rock.
Re: NMDPRA Issues Licences To Three Oil Companies To Construct Refineries by treatise: 4:36pm On Mar 08, 2025
Re: NMDPRA Issues Licences To Three Oil Companies To Construct Refineries by Wickedlywicked: 4:38pm On Mar 08, 2025
TheWitchKing:
I will credit your account with 150,000 if you can directly prove that man is Igbo. Directly o. You basically make senile statements and think anyone who says I'll about your Messiah is Igbo.
Like say werey get 2k for account😁
What is there to prove again when everyone already knows the region that produces the highest number of lunatics in the country? Once you see their comments, you automatically know the tribe they come from.
The only tribe that claimed their useless lives and existence were being steered by a dead man from Sudan😂
That one region that believe they are animals living in a zoo. What more proof do you want chinedu?
Re: NMDPRA Issues Licences To Three Oil Companies To Construct Refineries by kabillion(m): 4:42pm On Mar 08, 2025
TheWitchKing:
I will credit your account with 150,000 if you can directly prove that man is Igbo. Directly o. You basically make senile statements and think anyone who says I'll about your Messiah is Igbo.
But you believed anybody that says jack about Igbo here is Yoruba.
Re: NMDPRA Issues Licences To Three Oil Companies To Construct Refineries by EXOUSIAng: 4:42pm On Mar 08, 2025
masterflowx:
21 oil well was first pushed out for bidding last year July. And 19 was added to it in November last year, all for bidding.

I'm 100% sure that Seyi Tinubu, Remi Tinubu And Folashade Ojo won at least, each for themselves out of the 40 oil well.

The greatest mistake Nigerians has ever made was to allowed the stiπking Iragbiji man to enter Aso rock.
Why and your papa no bid?
Re: NMDPRA Issues Licences To Three Oil Companies To Construct Refineries by alanto: 4:46pm On Mar 08, 2025
LordBiden:
One of those licenses will surely be linked to tinubu either directly owned or by proxy,man is damn too greedy.
Tinubu does not need to be president to get refinery license. He can get same under any president.
1 2 3 Reply

Otedola: How Oil Marketers Used Depot Licences To Siphon N2trn Under JonathanRefiners Oppose Petrol Import Licences To IPMAN, PETROANSix Companies Get Licences To Distribute Power234

FG To Train 100,000 Youths Annually In Forex Trading2027: No Igboman Will Contest Presidency Against Tinubu – Ohanaeze"I Will Not Apologize To Saraki" - Ali Ndume, Suspended Lawmaker