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9 companies bid to build refineries in Nigeria

9 companies bid to build refineries in Nigeria

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By Michael Eboh,

ABUJA — Nine companies, yesterday, indicated their readiness to build new refineries within the existing refineries in the country.

A picture taken on September 16, 2015 shows workers trying to tie a pipe of the first refinery in Nigeria, which was built in 1965 in oil rich Port Harcourt, Rivers State. The Port Harcourt refinery is Nigeria's oldest, built in 1965, nine years after crude was first found under the marshy soil and creeks of the delta, where the Niger river meanders to the Gulf of Guinea. Refineries in nearby Warri and Kaduna in the north central region were built in the years that followed, while a new plant was added to the same site in Port Harcourt in 1989. In recent years, however, it became a byword for corruption, a murky, state-run body where billions of dollars in revenue apparently disappeared. AFP PHOTO

The Nigerian National Petroleum Corporation,  NNPC, in a statement signed by its  Group General Manager, Group Public Affairs Division, Mr. Garba Muhammed, said the nine companies submitted their bids for the projects, while the bids were opened at a bid-opening ceremony in Abuja.

The NNPC said it was committed to boosting the nation’s refining capacity which in turn would put an end to perennial fuel scarcity in the country.

Speaking at the event, Chief Operating Officer (COO), Refineries, Mr. Anibo Kragha, said the open bidding was a demonstration of the determination of the Federal Government and the NNPC to increase the nation’s refining capacity from 445,000 barrels per day to 650,000.

He said: “The aim is to leverage on the existing facilities to fast-track the take-off of the refineries as soon as possible.”

According to him, a technical evaluation committee has been set up to study the bids and announce winners as soon as possible.

Speaking earlier, General Manager, Supply Chain Management of the NNPC, Sophia Mbakwe, enjoined all the companies to accept the outcome as the exercise would be transparent.

She said all the rules of public procurement as spelt out in the Bureau for Public Procurement Act would be strictly adhered to.

The NNPC said the exercise was witnessed by representatives of the Nigerian Extractive Industry Transparency Initiative (NEITI) and the Bureau for Public Procurement (BPP).