President Tinubu administration through the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), has announced the approval of a licence for the construction of a new refinery in Gombe State.
The approval given to a company named Process Design and Development Limited is to establish and construct a new 27,000 barrels per day refinery in Dole-Wure, Akko area of Gombe State.
The authority in a post on its official X handle on Thursday, said, “Authority Chief Executive presented a Licence to Establish a 27,000 BPSD Refinery to the Managing Director/ CEO of Process Design and Development Limited.
In view of this, Nigeria now officially has about 10 modular and regular refineries, adding to the nation’s refining capacity.
However, despite this increase in the number of refineries, most of them remain moribund, with many not functioning at full capacity or efficiently.
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