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“Nigeria will be a net exporter of petroleum products,” says Buhari as he commisioned modular refinery

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President Mohammadu Buhari on Tuesday afternoon commisioned Waltersmith Modular Refinery; which has the capacity of 5,000 barrels per day.

Commissioning the project located in Ibigwe, Imo State, Buhari said that the project is part of his administration’s refinery roadmap.

The president said in his Twitter handle that effort is on top gear to expand the refining capacity of the project from 5,000 barrels per day. to 50,000 barrels per day

The Presidentt also assured that Nigeria would soon be a bet exporter of petroleum products.

Buhari said: “This afternoon I virtually commissioned the 5,000 barrels per day Waltersmith Modular Refinery in Ibigwe, Imo State, in fulfillment of our Refinery Roadmap. I am pleased to note that work is now commencing on expansion of the capacity of the refinery to 50,000 barrels per day.

“We rolled out our administration’s Refinery Roadmap in 2018, with the ultimate goal of making Nigeria a net exporter of petroleum products. The Roadmap has four key elements, namely, Rehabiliation of existing refineries, Greenfield Refineries, Co-location &

“I am delighted that the Waltersmith Refinery is coming on-stream within two years of the commencement of the Roadmap, and after many years of granting licenses for the establishment of modular refineries with nothing to show for it,”