Kachikwu- ‘How Dangote’s Refinery Will Make Government Refineries Useless’

Kachikwu was speaking at a stakeholders’ consultative forum on the draft National Gas Policy and National Oil Policy in Abuja on Thursday. He further stressed that Nigeria had no other option than to ensure that its refineries work in the shortest possible time.

The Minister of State for Petroleum resources, Dr. Ibe Kachikwu has disclosed that the four refineries belonging to the Federal Government may end up as scrap once the Dangote Group begins processing crude oil at its refinery in Lagos by 2019.

He said if the country fails to take urgent steps to revamp the refineries in Port Harcourt, Warri and Kaduna, the facilities may be worthless in three years’ time after the Dangote refinery must have come on stream.