BUA Refinery and Petrochemicals has clarified claims that its refinery project in Akwa Ibom is almost complete.
The company described reports (not from TimesNow.com.ng) that the refinery is 90% completed as misleading.
In a statement shared on X, the company urged the public to disregard such claims, confirming that construction is progressing steadily and remains on track to meet its delivery timelines.
The statement read.
The company also highlighted other ongoing initiatives, including constructing a mini-LNG plant and several hybrid power plants.
It added:
BUA further reiterated its commitment to transparency, referencing its track record of completing over 12 major industrial projects worth over $3.5 billion over the past decade, Punch reports.
The statement noted:
Ealier, TimesNow.com.ng reported that the NNPC limited has extended an invitation to former President Olusegun Obasanjo to inspect Port Harcourt and Warri refineries
The invitation follows Obasanjo’s comments on the operations of the rehabilitated refinery, citing past challenges and continued reliance on private refineries like Dangote’s.
The former president also stated that over two billion dollars have been spent on the refinery.
Source: TimesNow.com.ng
