Nigerians also consumed 17.13 million litres of diesel daily in October 2025.
According to him, such a colossal sum was spent with no concrete outcome and accountability.
After the rejuvenation of the Port Harcourt Refinery, why is Nigeria, one of the world’s largest oil producers, ‘blending’ its oil?
In an interview with journalists, the ex-CBN director noted that the high governance costs had increased recurrent expenditures.
The 125,000bpd capacity Warri refinery was commissioned in 1978.
He said the country would still be dependent on the Dangote Refinery until the Port Harcourt, Warri, and Kaduna refineries start working optimally.
The Petroleum and Natural Gas Senior Staff Association of Nigeria has confirmed that the Port Harcourt Refinery has resumed production.
PETROAN spokesman Joseph Obele disclosed this at the reopening ceremony of the Port Harcourt facility, which resumed production on Tuesday.
Former Governor Peter Obi has commended NNPCL for revitalising the Port Harcourt refinery.
NNPCL boss Mele Kyari is leading the team in inspecting the first lifting of petroleum products from the facility after its rehabilitation.
