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Stats: 1,326 members, 11,701 Topics. Date: May 21, 2019, 12:42 pm

Nine Firms Bid For Co-location Of Refineries

BiafraSay Forum | BiafraSay General | Investment | Nine Firms Bid For Co-location Of Refineries (164 Views)

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Nine firms are bidding for co-location of new refineries.

They are to operate within the four refineries in Kaduna, Warri and Port Harcourt.

The bid submission yesterday was witnessed by representatives of the Nigerian Extractive Industry Transparency Initiative (NEITI) and the Bureau for Public Procurement (BPP).

The names of the companies were not disclosed.

NNPC Chief Operating Officer (Refineries) Mr. Anibo Kragha described the open bidding as a demonstration of the determination of the Federal Government to increase the nation’s refining capacity from 445,000 barrels per day to 650,000.



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

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

Tthe corporation’s General Manager, Supply Chain Management, Sophia Mbakwe, enjoined all the companies to accept the outcome with a promise that it will be transparent.

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

General Manager, Group Public Affairs Division Garba Deen Muhammad, said the corporation was committed to boosting the nation’s refining capacity, which will stop the perennial fuel scarcity.




The Nation

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