Nigeria has given licenses to 13 firms to establish modular refineries.
A total of 35 firms expressed interest to establish the refineries, indicating less than half got the approvals from the department of petroleum resources.
This was disclosed by Maikanti Baru, the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), according to a statement sent to PREMIUM TIMES by the corporation.
Mr Baru reportedly made the announcement at the Offshore Technology Conference 2018 Nigeria Oil Industry Award Dinner in the United States, where he was the special guest of honour and received an award.
The establishment of modular refineries is one of the key policies of the Buhari administration to resolve agitation in the Niger Delta, where most of Nigeria's crude is located. The government hopes to use the modular refineries to stop illegal refining of crude and also create employment and wealth among residents of the Niger Delta.
Mr Baru reaffirmed this when he told his audience that the corporation and the Ministry of Petroleum Resources were collaborating to encourage the establishment of modular refineries in the Niger Delta to encourage job creation
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