Nigeria, July 30 -- The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL), Bayo Ojulari, has made it clear that the Port Harcourt Refining Company will not be sold, emphasizing the company's commitment to completing its full rehabilitation while keeping the asset under national control.

Ojulari's remarks came during a company-wide town hall meeting held at the NNPC Towers in Abuja, where he addressed earlier speculations following an interview with Bloomberg at the 2025 OPEC Seminar in Vienna, where he had suggested that "all options were on the table" regarding the refinery's future.

In a statement on Wednesday, he reiterated that this commitment to retain the refinery is a result of thorough tech...