- He disclosed that NNPC has moved from being a corporation that racked up losses to a profit making entity within six months of taking over
Nigerian National Petroleum Corporation (NNPC) says petrol importation by Nigeria will be a thing of the past soon.
The Group Chief Executive Officer of the corporation, Mele Kyari, made this known at a book launch in Abuja on Wednesday.
He disclosed that NNPC has moved from being a corporation that racked up losses to a profit making entity within six months of taking over.
Represented by the NNPCL Chief Financial Officer, Umar Isa Ajiya, he said: “We have moved the company that is focused on Upstream development to Refinery and Downstream marketing.
“The culture of selling crude outside and Importing refine will stop this year. Nigerians will not be buying Petroleum product refined abroad but product refined locally.
Meanwhile Kyari, has said the Port Harcourt refinery will commence operations in two weeks.
He said, “We are serving this country with honour and dignity. And we will make sure that the promises we make on the rehabilitation of this refineries will take place.
“We did a mechanical completion of the refinery that was what we said in December. We now have crude oil already stocked in the refinery. We are doing regulartory compliance test that must happen in every refinery before you start it, and I assure you that this Port Harcourt refinery will start in the next two week.
“Completing the mechanical work means that you are done with the rehabilitation work,.now you have to test to see how it works. Of course, we have also completed the mechanical work on Warri refinery. It is also undergoing regulatory compliance; processes that we are doing with our regulator, and this will soon be completed and it will be ready.
“Kaduna refinery will be ready by December. We have not reached that stage in Kaduna, but we promise Kaduna will be delivered by December.”
On his part, chairman of the committee, Senator Ifeanyi Ubah (APC, Anambra South), said, the next step is for the committee to visit the refineries to ascertain the level of work done