The Independent Petroleum Marketers Association of Nigeria, IPMAN, Port Harcourt Depot Unit, has stressed that the Port Harcourt Refinery requires more than periodic rehabilitation, calling instead for a “consistent and experienced management focused on functionality and long-term sustainability'.
The Independent Petroleum Marketers Association of Nigeria,
, Port Harcourt Depot Unit, has stressed that the Port Harcourt Refinery requires more than periodic rehabilitation, calling instead for a “consistent and experienced management focused on functionality and long-term sustainability'. The position was made known in a statement signed on June 12, 2025, by the Chairman of
Port Harcourt Depot Unit, Tekena Thankgod Ikpaki. The association was reacting to a recent statement by the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, NNPCL, Mr. Bayo Ojulari, who hinted that the Federal Government may consider selling some of its refineries as a solution to persistent rehabilitation and efficiency challenges.
urged the authorities to “prioritize competence, technical expertise, and a proven track record in refinery operations in selecting any prospective buyer or management partner, should the company proceed with the sale or concessioning process.” The association emphasized that privatization should not be pursued for its own sake but must lead to measurable improvements in output, performance, and national benefit.
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
FACT-CHECK: Did notorious bandit Bello Turji announce plans to attack Enugu, Port Harcourt?Many people, mainly from the South-east, have been circulating a video clip in which Mr Turji purportedly announced plans to begin terror attacks in Enugu and Port Harcourt.
Read more »
PHOTOS: Wike, Fubara attend burial ceremony in Port HarcourtNigeria's independent online newspaper
Read more »
Accident claims four lives along Enugu-Port Harcourt highwayFour persons have been confirmed dead following a fatal accident that occured at Amorji community, Isiala Ngwa North LGA of Abia State along the Enugu-Port Harcourt expressway on Saturday. The accident, which involved a Truck conveying goods to Umuahia, happened at about 5:00 am, leaving eight passengers seriously wounded.
Read more »
Tension in Port Harcourt as Ogoni youths protest killings by suspected herdsmenA Trusted Nigerian Newspaper
Read more »
Sell Port Harcourt, Warri refineries, they drain economy – MAN tells Nigerian GovtDirector General of the Manufacturers Association of Nigeria, MAN, Segun Ajayi-Kadiri, has called on the Federal Government to sell or privatize Warri, Port Harcourt and other country’s state-owned refineries. This was as he describes them as a pure drain on the Nigerian economy.
Read more »
Ojulari led-NNPCL hints at selling Port Harcourt Refinery, othersThe Group Chief Executive Officer of Nigerian National Petroleum Company, Bayo Ojulari, has said the state-owned oil company may consider selling the Port Harcourt, Warri, and Kaduna refineries depending on the outcome of its ongoing review.
Read more »