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The Federal Government says the Port Harcourt Refinery is 80 per cent completed and would produce two million litres of Premium Motor Spirit, otherwise known as petrol, and 2.2 million litres of diesel per day upon resuming operations.
In a statement by the Director, Press and Public Relations in the Federal Ministry of Labour and Employment, Olajide Oshundun on Thursday, noted that the old plant of the refinery would produce 54,000 barrels per day, while the new plant which is in its last phase of completion, would start production by the end of the year.
According to the statement, the Minister of State, Nkeiruka Onyejeocha made the assertions after an inspection tour of the facility along with the leadership of organised labour, adding that the combined capacities of both plants would produce 10 million litres of PMS per day.
“Speaking on the inspection visit to the Port-Harcourt refinery by TUC and Federal Government delegation, the minister said reports by organised labour and government established that the Port-Harcourt refinery is 80 per cent completed.
“She explained that the old plant would begin with 54,000 barrels per day, which would produce two million litres of PMS and 2.2 million litres of diesel per day, while the new plant which is currently going through its last phase of completion would also begin production before the end of the year. The combined capacity of the two plants, when fully on stream, would produce 10 million litres of PMS per day”, the statement read.
In a statement by the Director, Press and Public Relations in the Federal Ministry of Labour and Employment, Olajide Oshundun on Thursday, noted that the old plant of the refinery would produce 54,000 barrels per day, while the new plant which is in its last phase of completion, would start production by the end of the year.
According to the statement, the Minister of State, Nkeiruka Onyejeocha made the assertions after an inspection tour of the facility along with the leadership of organised labour, adding that the combined capacities of both plants would produce 10 million litres of PMS per day.
“Speaking on the inspection visit to the Port-Harcourt refinery by TUC and Federal Government delegation, the minister said reports by organised labour and government established that the Port-Harcourt refinery is 80 per cent completed.
“She explained that the old plant would begin with 54,000 barrels per day, which would produce two million litres of PMS and 2.2 million litres of diesel per day, while the new plant which is currently going through its last phase of completion would also begin production before the end of the year. The combined capacity of the two plants, when fully on stream, would produce 10 million litres of PMS per day”, the statement read.
“While she said the government has made a huge financial commitment to the provision of CNG Buses and conversion Kits, she also explained that the procurement process was slowing down the launch but measures were already in place to fast-track the process.
“The minister explained that the government has commenced a series of engagements with relevant stakeholders on tax incentives, just as the leadership crises rocking NURTW and RTEAN have been resolved.
Among the progress made are subsidised distribution of fertilisers to farmers across the country, the government’s engagement with various state governments and the private sector on the issue of the implementation of wage awards for their workers, and plans to encourage MSEs in the country to create jobs and boost the economy”, the statement read.