August 3, 2025

refineries

General NNPC Refinery

NNPCL May Divest from Warri, Port Harcourt and Kaduna Refineries After 2025 Review

As Nigeria’s Federal Government gears up for a comprehensive review of its refining assets in 2025, insiders at the Nigerian National Petroleum Company Limited (NNPCL) signal a potential move to sell its state-owned refineries in Warri, Port Harcourt, and Kaduna. This decision stems from persistent challenges tied to underperformance, massive capital expenditure, and a renewed

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General Refinery

MAN DG Urges FG to Privatize Non-Functional Refineries to Curb Economic Waste

The Director-General of the Manufacturers Association of Nigeria (MAN), Segun Ajayi-Kadir, has called on the Federal Government to sell off Nigeria’s ailing refineries in Port Harcourt, Warri, and Kaduna, describing them as unproductive and financially draining. Speaking during a press briefing in Lagos, Ajayi-Kadir decried the continued investment of public funds into the turnaround maintenance

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