NEWS
Obi Congratulates NNPC Ltd On Port Harcourt Refinery
The presidential candidate of the Labour Party (LP) in Nigeria’s 2023 presidential election, Peter Obi has expressed joy at the Port Harcourt Refinery coming back into production, and is already looking forward to its possible positive impact on the economy.
He took to his verified handle on micro-blogging site, X, on Tuesday to congratulation the state oil major, the Nigerian National Petroleum Company Limited (NNPC Ltd) for pulling the feat.
In the congratulatory statement, the leading opposition voice noted the positive impact it could make and pointed out that “Nigerians now await the corresponding impact and benefits on pump prices and the overall economy.”
The former Anambara State Governor, wrote, “I 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 re