play_arrow
Boss98.9 FM Radio for the Boss Mind
play_arrow
Campus Drive
The Downstream Committee of the Nigerian Senate has stated that the three government-owned refineries in the country will begin full operations before January 2025.
According to the Vice Chairman of the Committee, Jide Ipinsagba, who is representing Ondo North Senatorial District, the retrofitting of the Kaduna, Warri, and Port Harcourt refineries was already at the completion stage.
Ipinsagba, who also stated that the Dangote refinery in Lagos State will soon begin the refining of Premium Motor Spirit, PMS, known as petrol, expressed the satisfaction of the committee during the on-the-spot assessment as an oversight function for the refineries.
He maintained that the refined petroleum products would be exported after internal consumption had been met.
He mentioned that the Port Harcourt refinery today has about 90 to 95 percent optimisation in terms of retrofitting, while the refinery in Warri is almost about 80 percent, and Kaduna is almost about 70 percent.
Federal Government on Thursday said the disbursement of 150 Billion Naira loans to micro, small and medium enterprises and manufacturers would commence by the end of July. The Minister for Industry, Trade and Investment, Doris Uzoka revealed the latest information in a post via her official X handle on Thursday. It also disclosed that 60 per cent of the proposed one million beneficiaries of the Presidential Conditional Grant had received […]
Post comments (0)