Ibe Kachikwu, the minister of state for petroleum, yesterday re-inaugurated the Port Harcourt/Bonny crude supply line in Eleme, Rivers state.
Kachikwu revealed that the pipelines were down for six to seven years. Now they have resumed operation and are supplying crude to the refineries.
He further disclosed that Nigeria is looking for investors, as $700 million are required for upgrading the national refineries in order to ensure they maximise their output.
“Port Harcourt is back in production, Warri is back in production; Kaduna today is receiving and will soon be back in production. It is something of joy,” the minister said, as quoted by the NAN.
“Lagos is easing off now from fuel scarcity and Abuja is doing the same thing; once Kaduna begins to produce, the North will see a lot of improvement.”
Kachikwu apologised to Nigerians for their suffering due to the fuel scarcity and thanked them for their patience: “We owe Nigerians the duty to ensure that the refineries are working. We owe Nigerians that, we can’t give up.”