The Nigerian National Petroleum Corporation {NNPC} says it is committed to boosting the nation\u2019s refining capacity which in turn would put an end to perennial fuel scarcity in the country.<\/p>\n
NNPC Chief Operating Officer {COO} Refineries, Anibo Kragha made the remark at the opening of the technical bid for the location of new refineries within the existing refineries in the country.<\/p>\n
He said the open bidding exercise was a demonstration of the determination of the federal government and the NNPC to increase the nation\u2019s refining capacity from 445,000 barrels per day to 650,000.<\/p>\n
“The aim is to leverage on the existing facilities to fast track the take-off of the refineries as soon as possible,” the COO noted.<\/p>\n
According to him, a technical evaluation committee has been set up to study the bids and announce winners as soon as possible.<\/p>\n
Speaking earlier, the corporation\u2019s General Manager, Supply Chain Management, Sophia Mbakwe enjoined all the companies to accept the outcome as the exercise would be transparent.<\/p>\n
She stressed that all the rules of public procurement as spelt out in the Bureau for Public Procurement Act would be strictly adhered to.<\/p>\n
The exercise was witnessed by representatives of the Nigerian Extractive Industry Transparency Initiative {NEITI} and the Bureau for Public Procurement (BPP}.<\/p>\n
A total of nine companies submitted bids.<\/p>\n
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