Industry & Money

Port Harcourt Refinery Functional, Petrol Price Unlikely to Reduce –PENGASSAN

The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has confirmed that the Port Harcourt Refinery has officially resumed production.

This follows the recent statement from the Nigerian National Petroleum Company Limited (NNPCL), which claimed that the rehabilitation of the refinery had been successfully completed and production had started, a claim that had met with some scepticism regarding its feasibility.

Reacting to the controversy during its National Executive Council (NEC) meeting in Abuja on Tuesday, PENGASSAN president, Festus Osifo, affirmed the commencement of operations at the facility, noting that its rehabilitation was made possible through stringent financial oversight and the active involvement of unions in the project’s management.

Osifo explained that past attempts to refurbish the refinery often yielded little progress, but the establishment of a steering committee—including representatives from PENGASSAN and NUPENG—ensured transparency and accountability.

“We have to put a level of push to be sure that what is happening with the Port Harcourt Refinery is actually the reality. So, we do checks with our members that are there.”

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