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Massive Refinery Expansion! FG Grants 47 Licenses To Ignite Oil Sector Transformation More Details

The Federal Government has granted 47 Licenses to Establish (LTE) and 30 Licenses to Construct (LTC) refineries within the past year, marking a significant step forward in boosting Nigeria’s refining capabilities.....KINDLY READ THE FULL STORY HERE▶
This development was revealed on Tuesday by the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) during the sixth edition of its “Meet-the-Press” briefing in Abuja.
Farouk Ahmed, Chief Executive Officer of the NMDPRA, stated that the 47 LTEs alone account for nearly three million barrels per day (bpd) in potential refining capacity.
Offering further breakdown, Ahmed said:
“We have issued 47 LTEs amounting to 1.75 million bpd and 30 LTCs totaling 1.23 million bpd. As of now, only four of the LTC holders are producing, with a combined daily output of 27,000 bpd.”
He highlighted key projects currently making significant strides, such as the Dangote Petroleum Refinery with a massive 650,000 bpd capacity. Other notable projects include AIPCC Energy’s 30,000 bpd facility and the second train of Waltersmith’s plant, expected to produce 5,000 bpd.
According to Ahmed, Nigeria’s refining ecosystem now includes six licensed private refineries and four state-owned ones, collectively delivering about 1.12 million bpd. Private sector refineries contribute 679,500 bpd, led by Dangote’s single-train refinery.
Some of the key modular refineries currently operational include:
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Aradel – 11,000 bpd
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OPAC – 10,000 bpd
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Waltersmith – 5,000 bpd
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Duport Midstream Limited – 2,500 bpd
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Edo Refining and Petrochemicals – 1,000 bpd
He also noted that state-owned refineries, operated by the Nigerian National Petroleum Company Limited (NNPC), are contributing 445,000 bpd, with outputs from:
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Port Harcourt – 150,000 bpd
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Warri – 125,000 bpd
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Kaduna – 110,000 bpd
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Old Port Harcourt plant – 60,000 bpd
Ahmed underscored that these efforts are part of a broader strategy to reduce Nigeria’s dependence on imported refined petroleum products.
Looking forward, he assured the public that the government is committed to expanding the country’s refining capacity — a move expected to boost job creation, drive economic growth, and enhance national energy security.