Despite a stream of promises to complete the rehabilitation of the state-owned refineries, the Nigerian National Petroleum Company (NNPC) Limited is battling to conclude the turnaround maintenance at the Port Harcourt refinery, insiders have told TheCable.

The Port Harcourt Refining Company (PHRC) operates two refineries; the old plant with a capacity of 60,000 barrels per stream day (bpsd) and a new facility with an installed capacity of 150,000 bpsd — bringing the refinery’s combined crude processing capacity to 210,000 bpsd.

Since the federal executive council (FEC) approved $1.5 billion for its rehabilitation in 2021, the refinery has remained moribund despite NNPC’s repeated assurances that it would become functional.

https://www.thecable.ng/sources-nnpc-weighing-options-on-ph-refinery-as-turnaround-maintenance-falters/

People who don't realize that corruption, not subsidy, is the problem we have and have had over the years, are on a looooooong thing.