Nine Fiirms Tender Bid for Co-location of Refineries

A total of nine firms submitted bids to the Nigerian National Petroleum Corporation, NNPC, on Thursday, March 31, for co-location of refineries.

The bid submission yesterday was witnessed by representatives of the Nigerian Extractive Industry Transparency Initiative (NEITI) and the Bureau for Public Procurement (BPP).

The names of the companies were however not disclosed.

NNPC Chief Operating Officer (Refineries) Anibo Kragha described the open bidding as a demonstration of the determination of the Federal Government to increase the nation’s refining capacity from 445,000 barrels per day to 650,000.

“The aim is to leverage on the existing facilities to fast track the take-off of the refineries as soon as possible,” he said.

According to him, a technical evaluation committee has been set up to study the bids and announce winners as soon as possible.

The corporation’s General Manager, Supply Chain Management, Sophia Mbakwe, enjoined all the companies to accept the outcome with a promise that it will be transparent.

She added that all the rules of public procurement as spelt out in the Bureau for Public Procurement Act would be strictly adhered to.

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