Abdulazeez Abubakar
3 weeks ago
Overview
It’s Not True Nigeria’s Refineries Didn’t Work — Festus Osifo
Nigeria has four state-owned refineries, Port Harcourt, Warri, and Kaduna, which have long underperformed due to poor maintenance, inefficiency, and pipeline vandalism.
The President of the Trade Union Congress (TUC), Festus Osifo, has dismissed claims that Nigeria’s state-owned refineries never worked.
Osifo stated this in an interview on Channels Television’s Politics Today on Tuesday.
“I’m an engineer of over 20 years standing, and I understand how mechanics work.
“So I know a system that is working, and I know a system that doesn’t work. I listened to a programme that said the refinery never worked. It’s not correct, the refinery worked,” he said.
The TUC chief explained that the problem was not inactivity but inefficiency.
“There is a difference between a piece of equipment working and a piece of equipment working efficiently. In engineering, these are two different things,” said Osifo.
Why Refineries Were Shut Down
However, Osifo clarified that the country’s refineries were shut because they were operating at a loss.
“When you feed crude that costs 10 million dollars into the refinery and end up with products worth about 9.5 million dollars, it means you are running at a loss.
“That was exactly what happened, not that the refineries were not working,” he said.
https://www.channelstv.com/2025/09/23/its-not-true-nigerias-refineries-didnt-work-festus-osifo/