Warri Refinery 

The Nigerian National Petroleum Company Limited (NNPC) has announced plans to hire reputable operations and maintenance companies for the Warri Refining and Petrochemical Company and the Kaduna Refining and Petrochemical Company.

In a notice on its website, the NNPC stated that this move is aimed at ensuring reliability and sustainability to meet the nation’s fuel supply and energy security needs.

In January, the NNPC sought private operators to manage the Port Harcourt refinery, but it remains uncertain whether this process has been completed.

In a notice posted on Thursday, the NNPC management announced that the operations and maintenance tender for the Warri Refining and Petrochemical Company (WRPC) and the Kaduna Refining and Petrochemical Company (KRPC) will be handled as a single tender through a three-stage process (expression of interest, technical, and commercial).

The tender will take advantage of all potential opportunity costs related to the procurement of consumables, personnel management, the use of computerized maintenance management software, warehousing management systems, and more.

“The O&M contract scope of work shall cover, but not be limited to, the following: long-term and short-term production/operations planning; Production and operations execution; Monitoring, reporting and optimization of operations; Maintenance planning (short-term); and maintenance execution,” the NNPC stated.

In its financial requirements, the company asked for audited financial statements from the past four years (2020-2023), including the income statement, balance sheet, and cash flow statement.

It also specified that bidders must provide proof of their company’s most recent credit ratings, along with the name of the rating agency.

The state-owned energy firm further stated that bidders must demonstrate a minimum average annual turnover of at least $2 billion for the financial years ending in 2020, 2021, 2022, and 2023.

For the statutory requirements, interested operators were asked to provide evidence of the company’s registration and incorporation issued by the respective governing body; a certified true copy of the certificate of incorporation obtained from the Corporate Affairs Commission within the last 12 months ending August 2024 and CAC status report generated within three months of bid submission (for national companies and similar documentation from the respective governing body for foreign companies); particulars of directors; certified true copies of statutory documents indicating ownership structure of the company; name(s) of major shareholders and percentage shareholding.

The firm also required the bidders to provide a detailed company profile and a signed letter of application indicating interest on the company’s letterhead paper bearing among others, telephone number, email address and company’s full address, listing verifiable location (s) of your operational head office and spread of your branch office(s) with a comprehensive company profile addressed to the NNPC.

READ ALSO: Find Out Why Nigeria’s Refineries Are Not Working – Joe Igbokwe Tells Tinubu

It also asked for a copy of the tax clearance certificate for the past three years: 2021, 2022 and 2023, issued by the Federal Inland Revenue Service (for national companies and similar documentation from the respective governing body for foreign companies).

“Certification must be valid up to 31st December 2024,” it was stated.

It further specified that documents must be submitted online via the electronic NNPC/NipeX tender portal before noon on Thursday.

“The EOI shall be opened virtually, following the deadline for EOI submission at noon on Thursday, October 10, 2024, using the NNPC Microsoft Teams. Bidders who have submitted their EOIs and external observers shall be invited to attend the virtual live-stream bid opening session.

“In the event of any unscheduled holiday on the EOI submission date, the new deadline for submission of EOIs will be on the next working day. Accordingly, the EOI closing date/time shall be extended to the next working day and time,” the notice explained.

The Warri and Kaduna refineries have been inactive for years, and the Federal Government’s efforts to restore them have not yet achieved the desired results.

For Advert, Event Coverage, Story/Article Publication, PR & Other Media Services
Contact Us On: WhatsApp
Send Email To: citizennewsng@gmail.com
Visit Citizen NewsNG To Read More Latest And Interesting News