The Minister of State, Petroleum Resources, Dr. Ibe Kachikwu, in a podcast message to mark his two years in office, has said all Nigeria’s refineries are currently working simultaneously, The Sun reports.
On the refining capability of the nation’s refineries, Kachikwu said this was the first time the three refineries would be working simultaneously, although at 50 per cent of their capacity, in the last 10 years.
“We expect to put in investment to put them to 90 per cent capacity,” he said. According to him, his tenure was also the first time the NNPC Group has recorded savings, which could be used to fix the refineries in collaboration with its Joint Venture partners.
The Minister further noted that this was the first time the government upgraded the nation’s depots, adding that out of 19, only three are grounded currently.