The Federal Government, through the Nigerian Midstream and Downstream Petroleum Regulatory Authority, has announced the approval of a licence for the construction of a new refinery.

The approval given to a company named Process Design and Development Limited is to establish and construct a new 27,000 barrels per day refinery.

It said the facility will be located in Dole-Wure, Akko area of Gombe State.

The authority in a post on its official X handle on Thursday, said, “Authority Chief Executive presented a Licence to Establish a 27,000 BPSD Refinery to the Managing Director/ CEO of Process Design and Development Limited.

“The refinery is to be located in Dole-Wure, Akko, Gombe State.”

The latest development signifies that Nigeria now officially has about 10 modular and regular refineries, adding to the nation’s refining capacity.

However, despite this increase in the number of refineries, most of them remain moribund, with many not functioning at full capacity or efficiently.

A background check using NG.Checks showed that the company is located in Kano with registration number 487883.

Its directors are Adamu U. Sanda, Abdulkadir Umar, Umar S. Umar and Bashir Umar.