BUA Refinery debunks false media claim of 90% completion

BUA Refinery and Petrochemicals has debunked the misleading report that its refinery project in Akwa Ibom is not at 90 per cent completion.

The Company stated thus:

“Contrary to a misleading report stating that our 200,000 barrels/day refinery is at 90 per cent completion, we wish to advise the public to disregard such misleading reports that did not emanate from us”

“We are, however, on track to meet our delivery timelines in collaboration with our partners”

“The public is advised to verify any news through our official channels and platforms so as not to be misled by mischievous persons.”

“As we have consistently done with over 12 of our completed mega industrial projects worth over $3.5bn in the past 10 years, we will continue to keep you updated with verifiable and accurate information only where necessary, and as milestones are achieved”

According to the Company, the refinery is expected to be completed by the end of 2025.