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PETROAN Says Port Harcourt Refinery Operational Amid Counter Claims

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PETROAN

By Adedapo Adesanya

The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) claims that the rejuvenated Port Harcourt Refinery is currently operating at 70 per cent of its installed capacity, with plans to ramp up to 90 per cent.

The association made this known to tackle the widespread narratives that the revamped oil facility is a mere blending plant and unproductive as touted.

Recall that the Nigerian National Petroleum Company (NNPC) Limited on Tuesday announced that the Port Harcourt refinery has commenced crude oil refining and has started distributing petroleum products.

In a statement titled Halt the rumours: Port Harcourt old refinery is up and running, producing by-products of crude oil, and signed by its spokesperson on Thursday, Mr Joseph Obele, PETROAN noted that as part of its oversight function, it has direct access to the plant on the authorization of management.

It encouraged whoever is doubting the functional status of the plant to contact NNPC management for a facility tour rather than spreading misleading information

The statement further read, “It is more important to state here that the functional plant at operation is the old refinery with the capacity of 60,000 barrels per day, while the new port Harcourt refinery with the capacity of 200,000 barrels per day is still under rehabilitation which is due to commence production soon as announced by the management of NNPCL. Both Refineries are within the same complex at Alesa Eleme in Rivers State.

“The old Port Harcourt refinery which was built in the year 1965 stopped production over 21 years ago, while the new Port Harcourt refinery stopped production in the year 2019.

“Further confirmation for the authenticity of production at the Port Harcourt refinery was verified by the Senate Committee on Petroleum Resources under the able leadership of Distinguished Sen. S A Kawu Sumaila, OFR Ph.D in conjunction with stakeholders and members of the host community. The Senate Committee was on fact-finding/investigation on Thursday 28th November 2024 at the Port Harcourt refinery and depot at Alesa Eleme to see things themselves.

“The senate committee saw the plant functional and Petroleum trucks loading at the Port Harcourt refinery depot. It is worth noting that PETROAN National leadership led by the National President Dr Billy Hary were in attendance at the senate committee visitation at the Port Harcourt refinery to welcome the committee and express PETROAN’S willingness to commence loading at the Port Harcourt refinery.

“PETROAN opined that the appropriate thing at the moment is to commend the team of NNPCL management led by Engr Mele Kyari that was able to revive a plant that has been moribund, deplorable and dormant for over 21 years.PETROAN hereby appraise the scorecard of Engr Mele Kyari as Excellent performance for reviving a refinery plant which was abandoned for 21 years when he wasn’t the NNPC boss

“PETROAN is optimistic that the Nigeria vision is achievable and hereby calls on Nigerians to be patriotic by believing in the renewed hope agenda of Mr President. Nigeria will work again.

“Regarding the price, NNPC Retail Ltd has officially announced the PMS price at the Port Harcourt refinery as #1,030 per litre. It was also communicated to PETROAN that the product request portal was open for booking /request.

“Meanwhile PETROAN’s strategic pricing team are currently analysing the most favourable price for her members as we are open to patronising all the refineries in Nigeria. PETROAN also implies that NNPC Retail Ltd should further reduce the price in view of giving Nigerians a blissful Yuletide celebration.

“Finally, PETROAN supports the proposed planned Privatisation of the nation-owned refineries in a no instance time in such a manner that is credible and transparent after which the plant should be handled over to a reputable private firm with the financial capability and technical knowledge.

“Most worrisome as a threat to lives and properties is the ugly condition of the Eleme East-west road. The road poses a serious threat to Petroleum trucks that will be conveying flammable products from the refinery depots.

“PETROAN encourages the Federal Ministry of Works under which the project was awarded to RCC to facilitate the ongoing repairs of the road.”

Adedapo Adesanya is a journalist, polymath, and connoisseur of everything art. When he is not writing, he has his nose buried in one of the many books or articles he has bookmarked or simply listening to good music with a bottle of beer or wine. He supports the greatest club in the world, Manchester United F.C.

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Anambra Moves to Curb Erosion Menace

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erosion in anambra state

By Adedapo Adesanya

Anambra State Executive Council (ANSEC), under Governor Charles Soludo, has taken a bold step to address the pressing issue of erosion in the state, while also recovering government lands and awarding strategic projects aimed at boosting the state’s economy and improving the quality of life of its citizens.

The Commissioner for Information, Mr Law Mefor, made this known after the 25th ANSEC meeting held recently at the Lighthouse, Awka.

He revealed that the meeting noted with grave concern the existential threat posed by erosion in Anambra, citing the careless actions of communities and regulatory bodies that have disregarded environmental regulations.

“The council has decided to step up enforcement measures to force individuals to build and manage storm waters from their houses and for communities to follow specific guidelines, such as building erosion barriers and excavating sand only in designated locations,” Mr Mefor stated.

He emphasised that the government will not hesitate to take stern action against individuals and communities that fail to comply with environmental regulations.

To address the issue, the government will enforce strict adherence to environmental regulations, mandate the construction of erosion barriers and proper sand excavation practices, and collaborate with relevant agencies to hold those responsible for the erosion menace.

It is also confident that with the support of the people, it will overcome the challenges posed by erosion and achieve its vision of making Anambra State a destination where economic and business activities thrive.

Furthermore, the council has resolved to form a committee to reclaim government lands in and around Anambra State that have been intruded upon and built upon without permission.

“The government will not stand idly by while its lands are being grabbed and misused. We will take all necessary steps to recover these lands and ensure that they are used for the benefit of the people of Anambra State,” Mr Mefor said.

ANSEC has also awarded several strategic projects aimed at enhancing the state’s infrastructure development.

The projects include the provision of a water supply to the Ekwulobia Flyover Bridge Fountain and the ornamental garden for Double NC Construction & Logistics Ltd; the installation of a 3-way traffic light, including pedestrian lights, at the Ifite-Amenyi intersection within the Awka metropolis to S.N.U. Ventures, and the supply and installation of two 10 kVA inverters with 15 kW lithium batteries at the Anambra State Civil Service Commission Building in Awka to Kennolly Enterprises.

Others include the supply and installation of transformer substations at Nnewi and Umueze-Anam communities for Aries and Gold Ventures Limited, and Aljovic Construction Limited; and the landscaping of the car park for the Trauma Centre at Chukwuemeka Odumegwu Ojukwu University Teaching Hospital (COOUTH), Amaku, Awka, for Triseconds Resources Limited.

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Dangote Refinery Commences Free Delivery of PMS January 2026

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By Modupe Gbadeyanka

The free delivery of premium motor spirit (PMS), otherwise known as petrol, across the country by the Dangote Petroleum Refinery will finally begin in January 2026. This was earlier scheduled for August 2025

This move, according to the Independent Petroleum Marketers Association of Nigeria (IPMAN), will bring down the price of the product in Nigeria.

The group has, therefore, urged all its members nationwide to patronise the Lagos-based private oil facility because it offers the best affordable price for all marketers.

Dangote Refinery has agreed to directly supply PMS to registered members of IPMAN, according to a statement signed and issued by the organisation’s president, Mr Abubakar Maigandi Shettima.

At a press conference held in Abuja yesterday on recent happenings in the oil and gas sector, IPMAN also applauded the support of the Chairman of Dangote Petroleum Refinery, Mr Aliko Dangote towards the federal government, which it noted has become evident in the regular reduction of the petroleum pump price.

“The association has the highest percentage of the supply chain of the PMS downstream sector, controlling over 80 per cent of the petrol retail market. We therefore declare that there will be no gap or scarcity in PMS supply to Nigerians.

“We are also excited at the recent agreement by the Dangote Refinery to begin the supply of PMS products directly to registered IPMAN members, and its free delivery to our filling stations anywhere and everywhere in Nigeria which will commence in January 2026.

“This will again, certainly lead to further decrease in the pump price of the products at our filing stations.

“Therefore, I am calling on all IPMAN members nationwide to prioritise patronising the Dangote Refinery in their purchase of PMS products, as they already offer the best affordable prize for all marketers today,” the group stated.

“At IPMAN we have no doubt as to the viability of the oil and gas policies being initiated by the federal government, and we have ceaselessly called and sought for enhanced cooperation across all levels of governance in the oil and gas sector. Hence, our repeated persuasion to always partner the Dangote refinery, to ensure the steady availability of PMS products.

“The focus of the Dangote & IPMAN partnership, has always been geared towards making life better for Nigerians. And of course, this blooming partnership would never have been possible without the pragmatic leadership of President Bola Tinubu, and his sound judgment in readjusting the leadership of the NMDPRA and the NUPRC.

“Our position has always been to deepen domestic refining in order to eradicate imports of petroleum products. Continuous import is NOT an acceptable parallel business model, because issuing import licenses recklessly distorts market dynamics, drains foreign exchange, enthrones poverty, destroys jobs, and scares potential investors away,” Mr Shettima was quoted as saying in the statement.

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Swedfund Puts Down $20m for Green Business Growth in Africa

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Green Business Growth

By Aduragbemi Omiyale

About $20 million has been put down by Swedfund to support efforts that limit climate change in Africa and help communities adapt to its effects.

The funds would be deployed by the Helios Climate, Energy, Adaptation and Resilience (CLEAR) Fund to back African companies that reduce emissions, strengthen resilience and create green jobs.

Swedfund’s investment is expected to contribute to significant cuts in greenhouse gas emissions and to help businesses and small farmers adapt to a changing climate.

The investment strengthens Swedfund’s work to drive a sustainable and inclusive green transition in Africa.

Africa contributes less than 3 per cent of global carbon emissions but faces some of the most severe climate impacts. At the same time, the continent’s energy demand is expected to triple by 2050.

Swedfund’s investment in Helios CLEAR will help channel capital to businesses that drive low-carbon growth in areas such as renewable energy, sustainable transport, climate-smart farming, efficient use of resources and digital climate solutions.

“By investing in this sector, we can reduce emissions, build resilience and create green jobs, all vital for sustainable growth that benefits more people.

“Africa currently receives only a small share of global climate investment, yet the potential for climate-smart business is enormous.

“Through Helios CLEAR we help build the next generation of African climate-focused businesses,” the Investment Director for Energy and Climate at Swedfund, Ms Gunilla Nilsson, stated.

Helios CLEAR Fund is a Pan African growth equity fund managed by Helios Investment Partners, one of Africa’s leading private equity firms.

The fund targets investments that deliver measurable climate mitigation and adaptation outcomes. The fund is supported by multiple development finance institutions.

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