NEWS

NNPC TO HANDOVER WARRI AND KADUNA REFINERIES TO PRIVATE OPERATORS
The Nigerian National Petroleum Company (NNPC) Limited has announced plans to partner with private firms for the management and maintenance of its refineries in Warri and Kaduna.

This development was disclosed in the official X handle of the NNPC.

This initiative aims to strengthen the nation’s petrol supply and enhance energy security.

The NNPC is seeking reputable and credible Operations & Maintenance (O&M) companies to oversee the Warri Refining and Petrochemical Company (WRPC) and the Kaduna Refining and Petrochemical Company (KRPC).

The goal is to ensure reliable and sustainable operations to meet the nation’s fuel supply and energy security obligations.

The tender process for selecting these companies will be a three-stage process: Expression of Interest (EOI), Technical Evaluation, and Commercial Evaluation.

The circular highlights that the process will focus on maximizing cost-saving opportunities in consumable procurement, personnel management, and the use of advanced systems like Computerized Maintenance Management Software (CMMS) and Warehousing Management System (WMS).

Eligibility Requirements for Bidding Firms:

Proof of company registration and incorporation issued by the relevant governing body.

A certified true copy of the Certificate of Incorporation from the Corporate Affairs Commission (CAC) within the last 12 months, along with the CAC’s latest annual return.

Statutory documents indicating the company’s ownership structure, including names of major shareholders and their percentage holdings.

A detailed company profile and a signed letter of application on the company’s official letterhead, including contact details and a verified office address.

A valid Tax Clearance Certificate for the past three years (2021, 2022, and 2023) from the Federal Inland Revenue Service for national companies, or similar documentation for foreign firms.

Financial statements for the last three years (2021, 2022, and 2023).

Assurance of the company’s capacity to undertake and complete the contract within the specified timeframe.

With the Dangote Refinery commencing production and NNPC partnering with credible Operating and Maintaining company to run the two refineries, problems surrounding fuel availability and high price is expected to become a thing of the past. Whether this would come to pass, only time can tell.

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