Corruption: NNPCL Reacts To Obasanjo’s Allegations, Offers Him Opportunity To Inspect Warri, Port-Harcourt Refineries

The New Diplomat
Writer

Ad

Israel, Hamas Greenlight First Phase of Trump’s Peace Plan

By Abiola Olawale Israel and Hamas have inked their approval on the inaugural phase of the United States President Donald Trump's Gaza peace initiative. The agreement, announced on Wednesday amid high-stakes indirect talks in Egypt, paves the way for an immediate ceasefire, the release of hostages, and a surge in humanitarian aid. This development is…

Where Extreme Poverty Rates Are Highest in the World

Key Takeaways Africa is home to 23 of the top 30 countries with the highest rates of extreme poverty. Kosovo ranks in 19th globally in 2024, seeing the highest rates outside of Africa—a country that faces high unemployment rates and ongoing conflict. The Democratic Republic of Congo (DRC) produces roughly three-quarters of the world’s cobalt, it…

Oil Prices Drop as Israel and Hamas Agree to Ceasefire

Oil prices fell in early morning trade on Thursday in Asia as Israel and Hamas agreed to a pause in fighting and a hostages-for-prisoners exchange, under a framework advanced by the Trump administration. Under the agreement, Hamas will release as many as 20 living hostages this weekend, and Israel will pull back forces to a negotiated…

Ad

By Abiola Olawale

The Nigerian National Petroleum Company Limited (NNPCL) has extended an invitation to former President Olusegun Obasanjo for a tour of both the Warri and Port Harcourt refineries.

The NNPCL said the invitation comes in response to Obasanjo’s recent allegations of corruption regarding the operations and management of the two refineries.

According to the national oil company, the invitation aims to demonstrate transparency and accountability by allowing Obasanjo to witness firsthand the progress and operational status of the refineries.

The New Diplomat reports that Obasanjo had previously criticized the NNPCL, raising doubts over the functionality of the refineries.

Obasanjo had questioned the ability of the NNPCL to run the country’s refineries efficiently.

“But I was told not too long ago that since that time, more than $2 billion have been squandered on the refineries, and they still will not work.” he was quoted as saying during an interview with Channels TV.

However, the NNPCL, through its Chief Corporate Communications Officer, Mr. Olufemi Soneye disagreed with the position of the former President while instead offering him a tour of the Port-Harcourt refinery, which was recently declared “functional”.

Soneye asserted that the refineries have undergone significant overhauls, moving beyond mere maintenance to comprehensive rehabilitation to meet international standards.

The statement reads in part: “Furthermore, we extend an open invitation to President Obasanjo for a tour of the rehabilitated refineries to witness firsthand the progress made under the new NNPC Limited.

“We invite our esteemed former president to join us in this effort as we continue to deliver energy security for our nation and provide tangible benefits to Nigerians.

“His wisdom and experience are invaluable, and we assure him that his advice will always be welcomed and appreciated.

“As part of this transformation, NNPC Limited has gone beyond oil and gas to become an integrated energy company.

“One of our notable achievements is the complete rehabilitation of the Port Harcourt Refining Company (PhRC) and Warri Refinery.

“This process was not merely the Turnaround Maintenance (TAM) of the past but a full-scale overhaul designed to meet world-class standards. Similarly, we are currently conducting the same comprehensive rehabilitation of the old Port Harcourt Refinery and Kaduna Refinery.”

Ad

Unlocking Opportunities in the Gulf of Guinea during UNGA80
X whatsapp