Reps Launch Probe Into Failed Refinery Repairs, Planned Sale
The House of Representatives Committee on Petroleum Resources (Downstream) has begun an investigation into Nigeria’s failed refinery turnaround maintenance projects and the discussions surrounding their potential sale.
Committee Chairman Ikenga Ugochinyere announced this on Wednesday, raising concerns over the shutdown of the Port Harcourt and Warri refineries shortly after being declared functional.
He questioned how such failures could occur despite engaging a reputable company for the maintenance.
The probe will also cover the struggles of local and modular refineries in securing crude oil, including why Nigerian refiners must travel to Switzerland to negotiate for crude that originates locally.
Ugochinyere revealed that the House has received several petitions from refinery owners, oil marketers, and retailers over operational challenges and fears of monopoly in the sector.
Stakeholders have particularly accused the government of implementing policies that allegedly favour Dangote Refinery in product transportation and retailing, warning that such moves could threaten their investments and create market dominance.
The committee further intends to revisit the controversial acquisition of OVH by NNPC Retail, following complaints from NNPC staff and the House’s earlier rejection of a related report.
Ugochinyere added that the committee will propose amendments to the Petroleum Industry Act (PIA) to tackle emerging issues not currently addressed, aimed at strengthening the regulatory powers of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA).
He dismissed a petition seeking the dissolution of the NMDPRA, stating that the President alone has the authority to appoint or remove its leadership.
The committee will also investigate the role of artisanal refiners in the value chain, the abandoned Biomas Ethane project, and the continued importation of fuel despite local refining capacity.
Ugochinyere announced plans to hold the first Downstream Petroleum Week event from October 2, 2025, assuring that the House would resist any form of monopoly in the sector while fast-tracking investigations into pending matters to ensure a stronger, more viable downstream industry.
Titilope Adako is a talented and intrepid journalist, dedicated to shedding light on the untold stories of Osun State and Nigeria. Through incisive reporting, she tackles a broad spectrum of topics, from politics and social justice to culture and entertainment, with a commitment to accuracy, empathy, and inspiring positive change.
