Our Refineries Are Not For Sale –NNPC Declares

Hopes for the Federal Government divesting its interest in the nation’s refineries, as being expected were dashed, yesterday, as the Nigerian National Petroleum Corporation, NNPC, said the facilities are not for sale.

Rather than selling the refineries as being expected, the Group Managing Director of the NNPC, Dr. Ibe Kachikwu, said joint venture partners with established track records of success in refining would be invited to support the running of the refineries to make them more efficient.

Kachikwu made the disclosure during an official tour of the Okrika Jetty and the Port Harcourt Refining Company Limited, PHRC, in Rivers State, yesterday.

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The NNPC boss also disclosed of plans by the corporation to unbundle the Pipelines and Products Marketing Company Ltd, PPMC, into three companies



  1. This is a very solid plan from Dr Kachikwu. Mean while, you will not see this guys here to commend Buhari for this move..

  2. I hope all those PDP dafts now understand what APC stands for what corrupt gej could not achieve in 6yrs a man has done it in a month truly speaking PDP is a curse to humanity

  3. They know what is right to do but the heart of wickedness will not allow them . They prefer the poor masses to suffer.

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