Skip to content
September 6, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Political Economist

Political Economist

A liberal News reporting Politics, Sports, Business, Commentaries

  • Home
  • National News
    • Metro News
      • metro
    • Society
    • Crime and Justice
  • Special Reports
    • Investigation
    • Features
    • Interviews
  • Opinion
    • Commentaries
    • Perspectives
  • Press Releases
  • International News
  • Business & Economy
  • Politics
Watch Online
  • Home
  • Business & Economy
  • Report on Exposing Fraud in Refineries Rehabilitation is False – Senate
  • Business & Economy

Report on Exposing Fraud in Refineries Rehabilitation is False – Senate

Admin March 15, 2024

NNPC Limited logo

NNPC Limited logo

The Senate has dismissed media reports claiming that it will expose all “frauds associated with the contracts and management of the Turn Around Maintenance of the nation’s refineries”.

A news report last week claimed that the Senate through its Ad-hoc Committee on Investigation of Turn Around Maintenance (TAM) in the nation’s refineries has vowed to “expose all frauds associated with the contracts and management of the process.”

Chairman of the Ad-hoc Committee, Senator Ifeanyi Ubah, who expressed displeasure over the “unfortunate reports” at an interactive session on Thursday, said the National Assembly couldn’t have declared verdict on an issue that is still under investigation.

“I apologise for the reports. I was quoted out of context”, Senator Uba said at the interactive session.

The Senator further noted that the Committee’s concern was aimed at getting the nation’s refineries fully rehabilitated and returned to their respective optimal refining capacities so as to ensure nationwide petroleum products sufficiency and safeguard Nigeria’s energy security.

Responding, GCEO NNPC Ltd, Mr. Mele Kyari, who drew the attention of the Ad-hoc Committee to the news report, assured Nigerians that the delivery date of the Port Harcourt and  other refineries remains sacrosanct.

“We will make sure that promises that we made about the rehabilitation of these refineries are kept. We did a mechanical completion of PHRC in December. Now, we have crude oil already stocked in it. It is currently undergoing regulatory compliance test before we restream it. I assure you that this refinery will start in next two weeks.

“For Warri, we have also done mechanical work on it. It is undergoing regulatory compliance processes that we are doing with our regulators. Kaduna will be ready by December this year, but we have not reached that stage. We believe that it will also be ready on schedule,” the GCEO stated.

Kyari explained that currently, Port Harcourt Refinery has received 450,000 barrels of crude for processing following the mechanical completion of the plant in December, last year.

He called for the cooperation of all stakeholders in the rehabilitation process, stressing that “we are all serving this country dutifully and loyally. Nigerians must understand that gradually, we shall get this task done.”

The Senate Ad-hoc Committee is expected to visit the three refineries in Kaduna, Warri and Port Harcourt soon for an on-the-spot assessment of work progress.

  • Facebook
  • Share on X
  • LinkedIn
  • WhatsApp
  • Email
  • Copy Link
Tags: Mele Kyari NNPC Ltd Refineries Senate Turn Around Maintenance

Post navigation

Previous Tinubu appoints PAP administrator, D-G BCDA
Next Serve the people good governance, not politics: Tinubu charges Governors

Related Stories

Atiku, Tinubu, subsidy removal and Azu Ishiekwene’s Devilnomics, by Tony Eluemunor
  • Business & Economy

Atiku, Tinubu, subsidy removal and Azu Ishiekwene’s Devilnomics, by Tony Eluemunor

September 6, 2026
Auditor-General queries N33.75bn in cash transfers in 2023, no sufficient evidence showing true beneficiaries New naira notes
  • Business & Economy

Auditor-General queries N33.75bn in cash transfers in 2023, no sufficient evidence showing true beneficiaries

September 6, 2026
CBN Mopping Operations Drain Banking System Liquidity to N3.66 Trillion
  • Business & Economy

CBN Mopping Operations Drain Banking System Liquidity to N3.66 Trillion

September 4, 2026
logo

Political Economist is a liberal news magazine with global affiliations.

At Political Economist, we promote free enterprise and act as a catalyst for the growth of knowledge economy. We are proudly pan-Nigeria yet richly spiced with African and global news. We offer a fair and balanced news reportage presented by our team of well-heeled professional journalists. <

About us

  • 5 Olutosin Ajayi Street, By CPM Church, Ajao Estate, Lagos State, Nigeria
  • +234 805 680 1124
  • info@politicaleconomistng.com

Follow

Subscribe to notifications

You may have missed

Troops ​‌‌‌⁠‍‍⁠⁠‌‍‌⁠‍‍​‍‍‌​foil terrorists’ attack, recover arms in Sokoto Troops
  • National News

Troops ​‌‌‌⁠‍‍⁠⁠‌‍‌⁠‍‍​‍‍‌​foil terrorists’ attack, recover arms in Sokoto

September 6, 2026
Atiku, Tinubu, subsidy removal and Azu Ishiekwene’s Devilnomics, by Tony Eluemunor
  • Business & Economy

Atiku, Tinubu, subsidy removal and Azu Ishiekwene’s Devilnomics, by Tony Eluemunor

September 6, 2026
Cookies and gummies infused with cannabis intercepted at Lagos port by NDLEA
  • Crime and Justice

Cookies and gummies infused with cannabis intercepted at Lagos port by NDLEA

September 6, 2026
NDLEA arrests ex-convict posing as herbal tea merchant; intercepts cocaine consignment heading to Saudi Arabia
  • Crime and Justice

NDLEA arrests ex-convict posing as herbal tea merchant; intercepts cocaine consignment heading to Saudi Arabia

September 6, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Copyright © All rights reserved. | DarkNews by AF themes.