L
LequteMan
Guest
NNPC GMD Emmanuel Ibe Kachikwu on Tuesday gave some comforting news concerning the operation of Nigeria's refineries.
A recent bomb attack on pipelines by militants had forced the shutdown of two of the nation’s refineries, resulting to a power cut of about 1,000 megawatts. The country was also losing millions of naira daily due to the closure of the refineries.
However, the cheering news is that a truce has been reached with the community and repair work would resume.
Kachikwu said that there had also been some guarantees from the communities for protection and that in the next one month, the refineries would resume production.
He also added that the issues of vandalism and falling prices in the oil sector could be a blessing in disguise for Nigeria if the country engages effective management systems across board.
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A recent bomb attack on pipelines by militants had forced the shutdown of two of the nation’s refineries, resulting to a power cut of about 1,000 megawatts. The country was also losing millions of naira daily due to the closure of the refineries.
However, the cheering news is that a truce has been reached with the community and repair work would resume.
Kachikwu said that there had also been some guarantees from the communities for protection and that in the next one month, the refineries would resume production.
He also added that the issues of vandalism and falling prices in the oil sector could be a blessing in disguise for Nigeria if the country engages effective management systems across board.
Channels
