President Muhammadu Buhari |
According to President Muhammadu Buhari, after the Warri refinery restoration works are finished, petroleum production would begin before the first half of 2023.
This was announced in a statement released on Thursday in Abuja by Mr. Femi Adesina, the President's Special Advisor on Media and Publicity.
He claims that when the Memorandum of Understanding (MoU) between Nigerian National Petroleum Company Ltd and Daewoo Group for the renovation of the Kaduna refinery was signed, President Muhammadu Buhari expressed his happiness.
He said the president was particularly excited as the signing came against the back of ongoing rehabilitation works at the Warri refinery by the same Daewoo Group of South.
Adesina quoted Buhari saying, “Daewoo Group has massive investments in the automobile, maritime, and other sectors of our economy.
”I am also aware that Daewoo is currently engaged in the execution of the NLNG train seven project and also constructing sea-going LPG vessels for NNPC and her partners.”
“I looked forward to the delivery of ongoing projects, especially at the Warri and Kaduna refineries, and the NLNG Train Seven.
”This no doubt will open many more windows of opportunities for Daewoo and other Korean companies in Nigeria”