The Portharcourt refinery that all Nigerian have been calling on the Government to restore for ages came up yesterday. And it was widely reported as it was the desire of all Nigerians, and since it will help reduce the current cost of petroleum in the country currently selling at N1300 per litre while in some states N1200, N1250
The News of Portharcourt refinery revamp was a great news and source of expectation hoping that the harsh economy by Tinubu Government can be minimised.
Peter Obi one of the prominent presidential candidate in the 2023 election was on his X platform to express it's thought on the revamped Portharcourt refinery. Here is what he had to say,
"wish to congratulate the Nigerian National Petroleum Corporation (NNPC) for fulfilling the long-standing promise of revamping the old Port Harcourt refinery.
The refinery, which comes on stream today boasts an installed production capacity of 60,000 barrels of crude oil per day. Approximately 200 trucks are expected to load products daily from the refinery.
Nigerians now await the corresponding impact and benefits on pump prices and the overall economy.
Additionally, news of the Kaduna refinery's revival is promising, as it is expected to boost productivity, improve transportation, and alleviate economic burdens across the country.
While we acknowledge these achievements as a step in the right direction, it is crucial to emphasize the importance of transparency in the operations of the NNPC.
Nigerians deserve clarity and accountability regarding the management of the nation's vital oil resources, ensuring that the benefits of increased refining capacity reach every Nigerian and that the gains are used to support long-term development.
A new Nigeria is POssible! "
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