NNPC warns against selling refineries as scrap

The Punch | 29-09-2026 08:36pm |

The Nigerian National Petroleum Company (NNPC) has warned against selling state-owned refineries as scrap. NNPC stated it will no longer rehabilitate refineries without a clear path to profitability. The company is seeking technical equity partners to invest in the refineries. This approach aims to ensure the refineries become economically viable.

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