NNPCL Rules Out Sale of Port Harcourt Refinery
The Nigerian National Petroleum Company Limited (NNPCL) has confirmed it will not sell the Port Harcourt Refining Company. Instead, it will focus on completing its rehabilitation and retaining ownership.
Group CEO Bayo Ojulari announced the decision during a town hall meeting, stating that selling the refinery would result in value loss and hinder ongoing technical upgrades.
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