NNPC invites former President Olusegun Obasanjo to inspect Port Harcourt, Warri refineries

The Nigerian National Petroleum Company Limited (NNPC) has invited former President Olusegun Obasanjo to tour its rehabilitated refineries following his public skepticism about the viability of the $2 billion invested in the facilities.

Obasanjo, during a recent television interview, questioned the progress at the Port Harcourt and Warri refineries, citing historical challenges faced during his administration in efforts to revamp Nigeria’s refining capacity.

“I was told not too long ago that since that time, more than two billion dollars have been squandered on the refinery, and they still will not work. If anyone tells you now that it is working, why are they still with Aliko? Aliko will not only make his refinery work but also make it deliver,” Obasanjo said.

In his response, NNPC’s Chief Corporate Communications Officer, Mr. Olufemi Soneye, acknowledged the former president’s stature and contributions but highlighted the company’s recent transformation.
He said: “We hold President Olusegun Obasanjo in the highest regard as a statesman who has significantly contributed to Nigeria’s development. His observations are deeply respected. However, we wish to emphasize that NNPC has undergone a remarkable transformation.”

He explained that the company has shifted from a loss-making entity to a profit-oriented global energy leader. He also described the refinery rehabilitations as comprehensive overhauls designed to meet world-class standards, distinguishing them from the less impactful Turnaround Maintenance of the past.

Soneye credited the achievements to the leadership of the NNPC board, led by Group CEO Mele Kyari, and President Bola Ahmed Tinubu’s transformative energy policies.

Soneye, who invited Obasanjo to assess the progress firsthand, said: “We warmly invite President Obasanjo to tour the rehabilitated refineries. His wisdom and experience are invaluable, and we deeply appreciate his guidance.

This visit will offer an opportunity to witness the progress we have achieved under NNPC Limited’s leadership.”