Nigeria Will Stop Importing Petroleum Products By MID-2023 — Kyari

The Nigerian National Petroleum Company, NNPC, Ltd. said that the importation of petroleum products into the country will be stopped by mid-2023.

Mele Kyari, Group Chief Executive Officer of NNPC Ltd. disclosed this at the State House Ministerial Briefing organised by the Presidential Communications Team, on in Abuja.

He said that the combined output of Nigeria’s refineries being revamped and the Dangote refinery would be enough to stop importation.

Kyari said that aside from owning 20 per cent equity in Dangote Refinery, NNPC Ltd had the right of first refusal to supply crude oil to that plant.

He expressed optimism that Dangote Refinery would become operational by the middle of 2023.

According to him, the refinery has a production capacity of 650, 000 barrels per day, with a different technology.