Federal Character
  • Home
  • News
  • Politics
  • Business & Finance
  • Entertainment
  • Sports
  • Tech
  • Relationship and Life
  • Fashion & Lifestyle
  • Food & Nutrition
  • Health
  • Opinion
No Result
View All Result
  • Home
  • News
  • Politics
  • Business & Finance
  • Entertainment
  • Sports
  • Tech
  • Relationship and Life
  • Fashion & Lifestyle
  • Food & Nutrition
  • Health
  • Opinion
No Result
View All Result
Federal Character
No Result
View All Result
Home Business & Finance

NNPC Postpones Port Harcourt Refinery Launch For Sixth Time

Nnaemeka OkwarabyNnaemeka Okwara
August 14, 2024
in Business & Finance
0
NNPC Postpones Port Harcourt Refinery Launch For Sixth Time
Share on FacebookShare on TwitterShare on Whatsapp

Nigerian National Petroleum Company (NNPC) Limited has announced another delay in the launch of the Port Harcourt Refinery, marking it sixth postponement since it was constructed.

The refinery which was originally scheduled to commence operations in 2021, has faced repeated delays due to technical, financial and logistical problems severally. The latest setback has raised concern about Nigeria’s energy infrastructure and refining ability.

Despite assurances from NNPC’s Group CEO, Mele Kyari, that it would run by early August this year, some inside sources have stated it is taking more time than expected to do repairs and upgrades.

The port Harcourt Refinery, with an output capacity of 210,000 barrels of crude oil per day, is critical for enhancing domestic fuel supply thereby fostering economic development in Nigeria. However, repeated postponement on this project has raised doubts about its viability or even the capability of NNPC to handle hefty projects.

This lack of indication on when NNPC will go ahead with launching their refinery, has angered many industry stakeholders and the general public.

NNPC’s representative Olufemi Soneye said briefly that the project is “on course” though he didn’t elaborate nor give any revised dates for completion of such a huge establishment.

The delayed launch of the Port Harcourt Refinery holds critical importance for Nigeria’s energy security and socioeconomic growth as it relies largely on imported refined petroleum products.

Tags: federal characterNewsNigeriannpcNNPC Postpones Port Harcourt Refinery Launch For Sixth TimePort Harcourtrefinery
Nnaemeka Okwara

Nnaemeka Okwara

Okwara Nnaemeka Emmanuel is a skilled wordsmith, passionate blogger, and content writer with a degree in Media Content, He has made a significant mark in the industry. He also holds certification in Marketing and advertising. He has honed a unique blend of creativity and strategic thinking.Driven by a belief in the power of creativity, He has established a niche for himself in diverse regions, leaving a trail of successful projects and satisfied clients. His ability to craft compelling narratives and engage audiences sets him apart in the competitive world of content creation.As a dedicated professional, He continues to push boundaries and set new landmarks in their field. Whether it's through captivating blog posts, persuasive copywriting, or innovative content strategies, Nnaemeka’s consistently delivers excellence, leaving a long lasting impact

Related Posts

Why Elon Musk Just Put a Price on Grok's Riskiest A.I. Feature
Business & Finance

Why Elon Musk Just Put a Price on Grok’s Riskiest A.I. Feature

January 9, 2026
A Bleak Start to 2026 as Black Market FX Batters the Naira
Business & Finance

A Bleak Start to 2026 as Black Market FX Batters the Naira

January 9, 2026
US Oil Seizures Push Cuba Closer to Total Darkness
Business & Finance

US Oil Seizures Push Cuba Closer to Total Darkness

January 8, 2026
Next Post
Russia Imposes Six Month Petrol Export Ban

Russia Imposes Six Month Petrol Export Ban

US Inflation Rate Dips To 2.9% In July, Boosting Rate Hopes

US Inflation Rate Dips To 2.9% In July, Boosting Rate Hopes

BBNaija Drama: Chinwe Accuses Nelly of Stealing Gold Jewelry

BBNaija Drama: Chinwe Accuses Nelly of Stealing Gold Jewelry

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

1000 Stalls Marked for Demolition in Onitsha, Anambra.

1000 Stalls Marked for Demolition in Onitsha, Anambra.

3 years ago
Premier League Clubs to Introduce Semi-Automated Offside Technology Next Season

Premier League Clubs to Introduce Semi-Automated Offside Technology Next Season

2 years ago
Buhari comforts former PDP chairman over the death of the brother

Buhari comforts former PDP chairman over the death of the brother

3 years ago
We’re Investigating the Saudi Airport Visa Cancellation Incident – FG Reveals

We’re Investigating the Saudi Airport Visa Cancellation Incident – FG Reveals

2 years ago

Categories

  • Beauty
  • Business & Finance
  • Entertainment
  • Fashion & Lifestyle
  • Food & Nutrition
  • Government
  • Health
  • News
  • Politics
  • Relationship and Life
  • Sports
  • Tech

Topics

2023 Aboki/Bureau De Change (BDC) apc Arsenal buhari Business cbn chelsea china court Davido Dollar Efcc Election Entertainment Euro and Pounds To Naira Exchange Rate For Today exchange rates for the Nigerian Naira (NGN) Fashion federal character federal government Finance Football Foreign News government health inec Israel lagos Manchester United Naira Naira Black Market exchange rates News Nigeria pdp police Politics president protest Russia Sports tinubu trump UK ukraine US
No Result
View All Result

Highlights

Inside Trump’s Warning That Could Trigger More U.S. Strikes Inside Nigeria

Rosenior Insists He Is His Own Man After Taking Charge at Chelsea

Arsenal Winger Bukayo Saka Agrees New Long-Term Deal till 2031

Supreme Court Set to Decide Fate of Trump Tariffs

Iran Cuts Internet as Protests Explode

Trump Halts Venezuela Bombing After Prisoners Walk Free

Trending

Prosecutors to Recommend Sentence for Ex-President Yoon in Landmark Insurrection Trial
Government

Prosecutors to Recommend Sentence for Ex-President Yoon in Landmark Insurrection Trial

bySomto Nwanolue
January 9, 2026
0

In a courtroom drama of historic proportions, the fate of former South Korean President Yoon Suk Yeol...

Russia’s Hypersonic Hell Over Ukraine

Russia’s Hypersonic Hell Over Ukraine

January 9, 2026
Is Venezuela About to Side With the US?

Is Venezuela About to Side With the US?

January 9, 2026
Inside Trump's Warning That Could Trigger More U.S. Strikes Inside Nigeria

Inside Trump’s Warning That Could Trigger More U.S. Strikes Inside Nigeria

January 9, 2026
Rosenior Insists He Is His Own Man After Taking Charge at Chelsea

Rosenior Insists He Is His Own Man After Taking Charge at Chelsea

January 9, 2026

We launched Federal Character in February 2021 based on the belief that the world is in need of smarter and more efficient reporting of events shaping our rapidly changing world. We pledged to put our audience first, always.

Recent News

  • Prosecutors to Recommend Sentence for Ex-President Yoon in Landmark Insurrection Trial
  • Russia’s Hypersonic Hell Over Ukraine
  • Is Venezuela About to Side With the US?

Categories

  • Beauty
  • Business & Finance
  • Entertainment
  • Fashion & Lifestyle
  • Food & Nutrition
  • Government
  • Health
  • News
  • Politics
  • Relationship and Life
  • Sports
  • Tech

© FederalCharacter.com

No Result
View All Result
  • Home
  • News
  • Politics
  • Business & Finance
  • Entertainment
  • Sports
  • Tech
  • Relationship and Life
  • Fashion & Lifestyle
  • Food & Nutrition
  • Health
  • Opinion

© 2024 Federalcharacter.com