Location of new refineries opens for bidding

Titilayo Ipinjolu, Abuja

The Nigerian National Petroleum Corporation {NNPC} says it is committed to boosting the nation’s refining capacity.

This is believed would in turn put an end to perennial fuel scarcity in the country.

NNPC Chief Operating Officer Refineries Mr. Anibo Kragha made this remark at the opening of the technical bid for the location of new refineries within the existing refineries in the country.

He said the open bidding exercise was a demonstration of the determination of the government and the NNPC to increase the nation’s refining capacity from 445,000 barrels per day to 650,000.

“The aim is to leverage on the existing facilities to fast track the take-off of the refineries as soon as possible,” he said.

According to Mr Kragha, a technical evaluation committee has been set up to study the bids and announce winners as soon as possible.

Meanwhile , the Corporation’s General Manager, Supply Chain Management, Sophia Mbakwe enjoined all the companies to accept the outcome as the exercise would be transparent.

She stressed that all the rules of public procurement as spelt out in the Bureau for Public Procurement Act would be strictly adhered to.

A total of nine companies submitted their bid

Confidence .O.