By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Okay News
  • News
  • Politics
  • Business
  • Technology
  • Security
  • Entertainment
  • Sports
Reading: NNPC And Edo State Target New 10,000bpd Refinery Completion In 3 Years
Font ResizerAa
Okay NewsOkay News
  • News
  • Politics
  • Business
  • Technology
  • Security
  • Entertainment
  • Sports
Follow US
2026 © Okay International Limited - All rights reserved
Energy

NNPC And Edo State Target New 10,000bpd Refinery Completion In 3 Years

Ogungbayi Feyisola Faesol
By
Ogungbayi Feyisola Faesol
ByOgungbayi Feyisola Faesol
Faesol is a journalist at Okaynews.com, reporting on business, technology, and current events with clear, engaging, and timely coverage.
Follow:
Published: 2026/02/06
2 Min Read
Share
SHARE

The Edo State Government and the Nigerian National Petroleum Company Limited (NNPC Ltd), Nigeria’s state-owned energy company, have signed an agreement to jointly construct a 10,000 barrels-per-day condensate refinery in Edo State, southern Nigeria.

Okay News reports that the project, to be located across Oredo and Orhionmwon Local Government Areas, is targeted for completion within 24 to 36 months. The initiative aims to increase domestic refining capacity, improve fuel availability, and strengthen the state’s industrial base.

Governor Monday Okpebholo of Edo State stated the refinery will create jobs, reduce poverty, and support energy security while aligning with the Federal Government’s Renewed Hope Agenda. He pledged full political backing, investment protection, and provision of land, Certificates of Occupancy, security, and logistical support.

The refinery is expected to produce approximately 20 truck-loads of Premium Motor Spirit (PMS) and 10 truck-loads of Automotive Gas Oil (AGO) daily when operational. It will serve Edo State and neighbouring areas in the South-South region, easing supply constraints and stimulating logistics, construction, and service businesses.

- Advertisement -

Mr Ikedichi Dick-Nwoke, Chief Downstream Investment Officer of NNPC Ltd, described the project as a step to position Edo as a key energy and industrial hub in the South-South. He noted it would boost investor confidence, support industrialisation, and expand employment opportunities.

Nigeria, Africa’s largest crude oil producer, has long depended on imported refined products due to limited domestic refining capacity. The Petroleum Industry Act has driven commercialisation of NNPC and encouraged public-private and subnational partnerships to expand downstream infrastructure.

The Edo-NNPC condensate refinery reflects a growing trend of decentralised energy projects led by state governments and national institutions to enhance local refining and economic development.

In March 2025, the Nigeria Midstream and Downstream Petroleum Regulatory Authority issued a licence for a separate 100,000 barrels-per-day refinery in Edo State to Eghudu Refinery Limited.

Follow Okay News channel on WhatsApp
Add as a preferred source on Google
Follow Okay News on Instagram
- Advertisement -

TAGGED:Edo State refineryNNPC downstream
Share This Article
Facebook Pinterest Whatsapp Whatsapp Email Print
Previous Article Coastal Shipping Could Push Petrol Prices to N1,000, Dangote Refinery Cautions
Next Article Conoil Nigeria Pretax Profit Falls 77% To N2.53 Billion Amid Soaring Finance Costs

Stay Connected

FacebookLike
XFollow
InstagramFollow
TiktokFollow
WhatsAppFollow
- Advertisement -

More News

Energy

NNPC Seeks Chinese Partner For Refinery Revival After Years Of Losses

By Ogungbayi Feyisola Faesol
2 Min Read
Energy

NNPC Chief Says Loss-Making Refineries Were Draining Nigeria, Operations Halted

By Oluwadara Akingbohungbe
6 Min Read
Energy

Oando Achieves Major Production Growth Amid Strategic Shift To Higher-Margin Operations

By Ogungbayi Feyisola Faesol
2 Min Read
Okay NewsOkay News
2026 © Okay International Limited - All rights reserved
  • About Us
  • Advertising
  • Contact
  • Careers
  • Team
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?

Continue with Facebook
Not a member? Sign Up