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BUA Group has denied claims that its refinery in Akwa Ibom is 90% complete. The company said construction is progressing on schedule.

BUA clarified that the refinery is not yet at 90% completion. They assured the public that they are on track to meet the delivery timeline.

The refinery is vital for Nigeria’s energy security. It will boost the country’s refining capacity once finished.

BUA is also working on a mini-LNG plant and hybrid power plants. These projects will increase their 1,000MW power generation capacity.

The company urged the public to verify news through official channels to avoid false information. BUA also stressed its commitment to transparency and success, noting over $3.5 billion in completed projects.