As Nigeria’s fuel scarcity lingers, the Chairman, Senate Committee on Petroleum (Downstream), Ifeanyi Ubah, said two refineries – Port Harcourt and Warri – would be fully operational by the end of 2024.
He said plans have already been put in place to achieve the target, adding that the Kaduna Refinery would also be operational before the end of next year.
According to him, the completion of the plants and the addition of supply from the 650,000 barrels per day, bpd Dangote Refinery would enable the nation to meet its domestic fuel demand.
Ubah also urged the federal government and other stakeholders to work toward the establishment of modular refineries to further expand the nation’s domestic capacity to refine crude oil.
Naira depreciates against dollar at official, black markets
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