NINE FIRMS BID FOR CO-LOCATION OF REFINERIES

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Nine firms are bidding for co-location of new refineries. They are to operate within the four refineries in Kaduna, Warri and Port Harcourt. The bid submission yesterday was witnessed by representatives of the Nigerian Extractive Industry Transparency Initiative (NEITI) and the Bureau for Public Procurement (BPP).

The names of the companies were not disclosed. NNPC Chief Operating Officer (Refineries) Mr. Anibo Kragha described the open bidding as a demonstration of the determination of the Federal Government to increase the nation’s refining capacity from 445,000 barrels per day to 650,000.

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