Nigeria’s refineries would become functional before the end of 2019, Minister of State for Petroleum Ibe Kachikwu has said.
Kachikwu revealed this on Thursday in Ibigwe-Ohaji in Ohaji\Egbema council area of Imo during the ground-breaking for construction of the 5,000 BPD Modular Refinery by Walter Smith petrochemical limited.
“It would be sad if by the end of 2019 we are still importing fuel from abroad,” the minister added.
“So, we are committed to repairing the refineries; by that, we can at least process about 500,000 barrels of crude per day.
“The policy of this administration is `go back to refining about 20percentt of our crude which will move to 50percentt in the next five years’.