The first phase of a project to rehabilitate Nigeria’s 210,000 barrels per day Port Harcourt refinery, earlier slated for completion in April 2023, may not be finished for another four months at least, refinery and oil ministry sources have declared.
The Nigerian government awarded Italian engineering firm Maire Tecnimont a $1.5 billion contract for the rehabilitation work in April 2021. At the time, the Italian company said the first phase of the work would be completed in 24 months, with the second and third phases taking 32 and 44 months, respectively.
However, the first phase has missed its April 2023 target and may not be completed before the expiration of the Buhari administration which ends May 29, 2023.
Trending
- SERAP Sues INEC Over Alleged Diversion Of N.8trn Funds
- Comparative Analysis of 2026 Vs 2025 Rivers State Budget
- Residents, Business Owners In Warri Raise Alarm Over Illegal Oil Bunkering Activities
- Renaissance Announces Major Oil Discovery Offshore Nigeria
- Bayelsa Wants FG To Prioritise Community-Based Security
- ASUU Threatens Strike In 3 Bayelsa Varsities
- Edo CSOs, DSS Launch Protest Against Social Vices, Urges Citizens To Expose Kidnappers, Cultists
- Govt Demolishes Building Linked To Kidnap Kingpin In Edo
