• Latest
  • Trending
Buhari: Desperate Politicians Problem of Nigeria’s Electoral Process

Buhari Inaugurates Nigeria’s Biggest Modular Refinery, Aims to Eliminating Petroleum Products Importation

November 25, 2020
Russia Police Detain Navalny’s Brother, Search Home Ahead of New Protests

Russia Police Detain Navalny’s Brother, Search Home Ahead of New Protests

January 28, 2021
Biden Administration Pauses Weapons Sales to Saudi Arabia, UAE

Biden Administration Pauses Weapons Sales to Saudi Arabia, UAE

January 28, 2021
Australian State Borders to Reopen with Zero Local Virus Cases

Australian State Borders to Reopen with Zero Local Virus Cases

January 28, 2021

Soyinka Chides Nigeria’s Parliament for Ignoring Clamour for Restructuring

January 28, 2021
OPEC Halted 1.3bn Barrels Supply to Raise Oil Price, Sec-Gen Barkindo Says

OPEC Halted 1.3bn Barrels Supply to Raise Oil Price, Sec-Gen Barkindo Says

January 28, 2021
Tokyo 2020: IOC Committed to ‘Safe and Successful’ Games

Tokyo 2020: IOC Committed to ‘Safe and Successful’ Games

January 28, 2021
Covid Will Kill Many More, White House Projects as Briefings Resume

Covid Will Kill Many More, White House Projects as Briefings Resume

January 28, 2021

Make Nigeria Safer, Buhari Charges New Service Chiefs

January 28, 2021
Nigeria Earns $7.7bn from VAT, Company Tax in 2020

Nigeria Earns $7.7bn from VAT, Company Tax in 2020

January 28, 2021
Nigeria Police Boss Orders Arrest of Man Who Gave Fulani Ultimatum to Leave Oyo State

Nigeria: IG Vows to Arrest Arsonists Who Set Igboho’s House Ablaze  

January 28, 2021
US Issues Heightened Domestic Terrorism Threat Alert After Biden Transition

US Issues Heightened Domestic Terrorism Threat Alert After Biden Transition

January 27, 2021
Biden Signs Executive Orders on Climate and Environment

Biden Signs Executive Orders on Climate and Environment

January 27, 2021
Sheffield United Stun Manchester United in One of the Shocks of the Premier League Season

Sheffield United Stun Manchester United in One of the Shocks of the Premier League Season

January 27, 2021
Thomas Tuchel Vows to Turn Chelsea into ‘a Team No One Wants to Play Against’

Thomas Tuchel Vows to Turn Chelsea into ‘a Team No One Wants to Play Against’

January 27, 2021
Protests in Cameroon After Army Killed Teenagers in Raid

Protests in Cameroon After Army Killed Teenagers in Raid

January 27, 2021
WHO: Countries Need to Resist ‘Vaccine Nationalism’

African Ministers to Meet WHO Boss Over Covid Vaccine Distribution

January 27, 2021
Nigeria: Oyo Governor Makinde Meets Buhari, Seeks Collaboration on Security

Nigeria: Oyo Governor Makinde Meets Buhari, Seeks Collaboration on Security

January 27, 2021
Buhari Signs Law Making Use of Face Masks Compulsory in Public

Buhari Signs Law Making Use of Face Masks Compulsory in Public

January 27, 2021
Tributes Pour In Following Nollywood Actor Ernest Asuzu’s Death

Tributes Pour In Following Nollywood Actor Ernest Asuzu’s Death

January 27, 2021
Rapper Tory Lanez Charged in Megan Thee Stallion Shooting

Tory Lanez Seeks Right to Speak Publicly on Megan Thee Stallion Case

January 27, 2021
Senegal Restricts Access to Major Park After Deaths of 750 Pelicans

Senegal Restricts Access to Major Park After Deaths of 750 Pelicans

January 27, 2021
Mali’s Interim President Ndaw Meets Macron in Paris

Mali’s Interim President Ndaw Meets Macron in Paris

January 27, 2021
Astrazeneca To Test Combining Covid-19 Vaccine With Russia’s Sputnik Shot

AstraZeneca-EU Dispute Escalates Over Vaccine Shortage

January 27, 2021
President Magufuli Rallies Tanzanians to Feed World Post Covid

Tanzanian President Warns Health Officials Over Covid Vaccines, Says They are Dangerous

January 27, 2021
Diplomats Back Claims Eritrean Troops Have Joined Ethiopia Conflict

US Calls on Eritrean Forces to Leave Ethiopia’s Tigray Immediately

January 27, 2021
Global Business Report

Global Business Report

January 27, 2021
Nigeria Football Boss Pinnick Says He’s Not Seeking Third Term

FIFA Clears Nigeria Football Boss Pinnick to Compete for Seat in Council

January 27, 2021
Nigeria: Oyo Governor Makinde Deploys 200 Amotekun Operatives in Ibarapa

Nigeria: Oyo Governor Makinde Deploys 200 Amotekun Operatives in Ibarapa

January 27, 2021

Nigeria Governors’ Chairman Fayemi Speaks on Herders Crisis in South-west Nigeria (FULL INTERVIEW)

January 27, 2021
US Election: Biden Confident of Win as Lead Widens

US to Boost Vaccine Deliveries Amid Complaints of Shortages

January 27, 2021
en English
ar Arabiczh-CN Chinese (Simplified)nl Dutchen Englishfr Frenchde Germanit Italianpt Portugueseru Russianes Spanish
No Result
View All Result
Thursday, January 28, 2021
Arise News
  • HOME
  • Breaking
  • Global
  • Regional
  • US ELECTION
  • BUSINESS
  • Politics
  • Entertainment
  • Sports
  • TECH
  • Health
  • VIDEOS
  • Covid-19 Updates
Arise News
  • HOME
  • Breaking
  • Global
  • Regional
  • US ELECTION
  • BUSINESS
  • Politics
  • Entertainment
  • Sports
  • TECH
  • Health
  • VIDEOS
  • Covid-19 Updates
No Result
View All Result
Arise News
No Result
View All Result
Home Latest

Buhari Inaugurates Nigeria’s Biggest Modular Refinery, Aims to Eliminating Petroleum Products Importation

November 25, 2020
Reading Time: 3min
0 0
0
Buhari: Desperate Politicians Problem of Nigeria’s Electoral Process
Share on FacebookShare on Twitter

President Muhammadu Buhari on Tuesday inaugurated Nigeria’s biggest modular refinery and says the establishment of modular refineries in the country will make petroleum products available in the country and eliminate importation.

The Nigerian leader spoke at the virtual inauguration of the 5,000 barrel per day Waltersmith refinery in Ibigwe, Imo State, as well as the Ground-Breaking Ceremony for the Phase-2 works to expand the capacity of the refinery to 50,000 barrels per day.

Presidential aide Femi Adesina in a statement said the deployment of modular refineries was one of the four key elements of President Buhari’s administration’s Refinery Roadmap rolled out in 2018, adding that its implementation will make Nigeria a net exporter of petroleum products.

He expressed delight that Waltersmith refinery in Ohaji Egbema Local Government Area of Imo State was coming on stream within two years of the commencement of the Roadmap, after many years of granting licenses for the establishment of modular refineries with nothing to show for it.

”Furthermore, there is increased momentum in the other three focus areas under the Roadmap covering the Rehabilitation of existing refineries, Co-location of new refineries, and Construction of greenfield refineries.

”The realization of the Refinery Roadmap will ultimately lead us to becoming a net exporter of petroleum products not only to our neighbouring countries but to the worldwide market.

”This modular refinery is the largest commissioned modular refinery in the country today.

”The role played by the Federal Government through the Nigerian Content Development and Monitoring Board (NCDMB) in going into collaboration with Waltersmith Refining and Petrochemical Company is novel in concept and superb in delivery,” he said.

The President described plans to commence the expansion of the capacity of the refinery to 50,000 barrels per day to refine crude oil and condensates as an important part of economic reforms the country is undergoing.

”I look forward to seeing this new phase completed within the target timeframe,” he said.

President Buhari, therefore, directed the Ministry of Petroleum Resources, Department of Petroleum Resources (DPR), NNPC, as well as all relevant Government Agencies to provide Waltersmith Company all the necessary support to access crude oil and condensate feedstock for the timely delivery of the additional capacity.

In line with his administration’s agenda on jobs creation, the President said he was pleased to note that hundreds of direct and indirect jobs were created during the construction of the first phase of the project in addition to the various business opportunities.

Equally, he expressed hope that the construction of the second phase of the project will create bigger additional employment opportunities.

President Buhari thanked the local community and the people of Imo State for hosting the refinery, which, he stressed, will bring prosperity and economic development to the area.

Abel Ejikeme

  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2020 Arise News - Part of the Arise Media Group.

No Result
View All Result
  • HOME
  • Breaking
  • Global
  • Regional
  • US ELECTION
  • BUSINESS
  • Politics
  • Entertainment
  • Sports
  • TECH
  • Health
  • VIDEOS
  • Covid-19 Updates

© 2020 Arise News - Part of the Arise Media Group.

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist