Peter Obi congratulates NNPCL on revamping Port Harcourt refinery

Peter Obi said the NNPCL has succeeded in fulfilling the long-standing promise of revamping the old Port Harcourt refinery.

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The 2023 presidential candidate of the Labour Party, Peter Obi has congratulated the Nigerian National Petroleum Corporation Limited (NNPCL) for revamping the Port Harcourt refinery.

According to Mr Obi, the NNPCL has succeeded in fulfilling the long-standing promise of revamping the old Port Harcourt refinery. 

Recall that the NNPCL had on Tuesday, November 26, 2024, announced that it had commenced oil production in its Port Harcourt refinery.

The revamped facility will boast of an installed production capacity of 60,000 barrels of crude oil per day.

Mr Obi in a post in X said, “ Approximately 200 trucks are expected to load products daily from the refinery.”

He added that Nigerians now await the corresponding impact and benefits on pump prices and the overall economy. 

He said, “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,” Mr Obi added.

Meanwhile, President Bola Tinubu while reacting to the commencement of production by the Port Harcourt refinery ordered the revamp of the Kaduna and Warri refineries.

The president also said he appreciates the effort of his predecessor, Muhammadu Buhari in the rehabilitation of the refinery.