NNPCL Commits to Revamping Port Harcourt Refinery, Rules Out Sale

[NigerianEye - Nigeria] - 30/07/2025
In a decisive move, the Nigerian National Petroleum Company Limited (NNPCL) has announced it will not sell the Port Harcourt Refining Company, opting instead for a comprehensive rehabilitation to ensure its sustained operation.During a town hall meeting at NNPC Towers in Abuja, Group CEO Bayo Ojulari addressed employees, putting an end to weeks of speculation about the future of the state-owned refinery, Nigeria’s largest. NNPCL’s official statement emphasized, “The company has firmly dismissed any plans to sell the Port Harcourt Refining Company. Our focus is on completing a high-quality (…)
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