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Home Economy And Business

Peter Obi Charges NNPCL On Clarity, Accountability Over Port Harcourt Refinery

Tuesday’s move ends a series of failed deadlines for the commencement of production at the refinery in Nigeria’s oil-rich Rivers State.

by NewsOnline Nigeria
November 27, 2024
in Economy And Business, Top Stories
0
Peter Obi

Peter Obi has charged NNPCL with clarity and accountability over the Port Harcourt Refinery.

 

NewsOnline Nigeria reports that politician and former governor of Anambra State, Peter Obi has urged the Nigerian National Petroleum Corporation (NNPCL), to provide clarity and accountability to Nigerians over the operations of the newly launched Port Harcourt Refinery.

 

This Nigeria news platform understands that the Port Harcourt Refining Company Ltd commenced operations in Rivers State on Tuesday after several failed deadlines by the management of the NNPCL.

 

ALSO: President Tinubu Gives Crucial Appointment To MKO Abiola’s Son, Jami’u

 

Tuesday’s move ends a series of failed deadlines for the commencement of production at the refinery in Nigeria’s oil-rich Rivers State.

 

Reacting to the development, Obi, however, said that although the resuscitation of the facility was a welcomed development, it was important for NNPCL to come clean about its operations.

 

He also commended NNPCL for the great feat.

 

“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 emphasise the importance of transparency in the operations of the NNPC,” he wrote.

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