According to Daily Trust checks, the Nigerian government has lost more than $249.7 million, or N366.210 billion, over the course of five months, from May 24, 2025, to October 31, or 156 days, as a result of the closure of the Port Harcourt Refinery, the largest refinery in the nation. The refinery, which is situated in Rivers State’s Eleme axis, was restored in November 2024 and started up againAccording to the Nigerian National Petroleum Company Limited (NNPCL), the resurrected plant was generating at least 1.4 million liters of Premium Motor Spirit (PMS) daily and had a production capacity of 60,000 barrels per day. The refinery was also producing 1.4 million liters of PMS per day, 900,000 liters of kerosene, 1.5 million liters of automotive gas oil (diesel), 2.1 million liters of low pour fuel oil (LPFO), and additional volumes of liquefied petroleum gas (LPG), commonly referred to as cooking gas, according to the NNPC at the time.
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