LAGOS, Oct 30 (Reuters) - Nigerian state-owned oil firm NNPC Ltd is seeking technical equity partners to help revive three of its refineries which have remained idle despite significant , opens new tab investments, its chief executive said on Thursday.

The refineries, with a combined capacity of 445,000 barrels per day, alongside the Dangote Petroleum Refinery, could help Nigeria end its reliance on imported fuel and become a net exporter.

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"We are looking ahead with optimism to ensure our refineries operate effectively. We are dedicating significant time to a detailed review and are eager to implement our insights," NNPC CEO Bayo Ojulari said in a post on X.

Former NNPC head Mele Kyari had also pursued external partnerships after securing $2.5 billion in contracts to rehabilitate the refineries.

Still, the facilities remain non-operational as the Nigerian government struggles to let go of non-performing assets.

https://www.reuters.com/business/energy/nigerian-oil-firm-nnpc-seeks-equity-partners-revive-refineries-ceo-says-2025-10-30/