“A lot of money has been spent on these refineries, but translating that into profitability has been difficult because of years of neglect. When I resumed, we found that we were losing between $300 million and $500 million monthly. Earlier, PENGASSAN president, Osifo, commended Ojulari’s leadership, noting improvement in production and pipeline stability since he assumed office. Very dissatisfied Partly satisfied Satisfied More than satisfied Very satisfied Your emailΔThe ICIR reports that NNPCL has been in the spotlight overtime as a result of inefficiencies in running the sector. “So, refineries, we made quite a lot of investment over the last several years and brought in a lot of technologies.