Major Stakeholders in Ideato North/South Federal Constituency have described the rebounding of refineries, transition of the Nigerian National Petroleum Company Limited and increase in crude oil production as the greatest achievement of the national oil company’s Group Chief Executive Officer, Mele Kyari.
The leaders passed a vote of confidence on Kyari for his efforts in reactivating refineries, crude production, NNPC transition, and the downstream sector generally.
Speaking at the downstream end of the year media engagement, they hailed the NNPCL Boss and the President/Chief Executive Officer of the Dangote Group, Aliko Dangote for their role in turning downstream around.
Their spokesperson, Maxwell Aleto in a statement commended Kyari’s role in the transition of NNPCL, refineries reactivation, and boost in crude production.
Through Kyari’s leadership, the Port Harcourt and Warri Refineries are now operational after years of redundancy, while Nigeria’s crude oil production is getting close to tw million barrels per day.
“We the stakeholders in Ideato federal Constituency after a careful observation of the turning points in the Nigerian energy sector, hereby passed a vote of confidence on the Group Chief Executive Officer of NNPCL Mele Kyari under whose leadership, the national oil company has witnessed a transition with refineries being reactivated and crude oil production surging.
“It is quite commendable that under Kyari’s watch, the Port Harcourt Refinery with two refining units capable of handling 210,000 barrels of crude oil per day (bpd) has been resuscitated.
“The NNPC Ltd had announced that the refinery has resumed crude oil processing. The company also confirmed that petroleum products from the refinery will soon be delivered to the market, marking a significant step toward boosting fuel supply in the country.
“Also comes the Warri Refinery which has a distillation capacity of 125,000 barrels per day (bpd) and includes a petrochemical plant that produces 13,000 metric tons per annum (MTA) of polypropylene and 18,000 MTA of carbon black.
“On December 30, 2024, the Nigerian National Petroleum Company (NNPC) Ltd and President Bola Tinubu announced that the Warri Refinery had resumed operations after being inactive for several years.
“The refinery is now running at 60 per cent of its full capacity, marking a key step toward improving fuel production and supply in the country.
“Also worthy of our commendation is the President/Chief Executive Officer of the Dangote Group, Aliko Dangote whose Refinery is the world’s largest single-train refinery with the capacity to process 650,000 barrels of crude oil per day which was inaugurated in May 2023.
“Since September 2024 that the refinery started producing petrol, it initially, supplied 25 million liters per day, with plans to gradually increase production to 35 million liters daily and is expected to play a major role in meeting Nigeria’s fuel needs and reducing the country’s reliance on imports.
“The results of these efforts by Kyari and Dangote are already with us as acknowledged by the Independent Petroleum Marketers Association of Nigeria who attributed the fierce competition between Nigeria’s two refineries owned by Dangote and NNPC Limited for the recent drop in the pump price of premium motor spirit, PMS, also known as petrol.”