Former State Chief Executive of Anambra State, Peter Obi has implored the Nigerian National Petroleum Corporation (NNPCL), to give clarity and accountability with regard to the management of the country’s vital oil resources and guarantee that Nigerians benefit of the increasing refining capacity and the gains are utilized to support long-term development.
The Port Harcourt Refining Company Ltd commenced operations in Rivers State on Tuesday after several failed attempt by the management of the NNPCL
Responding to the turn of events, Obi, nonetheless, said that although the resuscitation of the facility was a welcomed improvement, it was important for NNPCL to come clean about its operations.
He additionally praised NNPCL for the incredible accomplishment.
“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, brags an installed production capacity of 60,000 barrels of crude oil each day.
“Roughly 200 trucks are expected to load products daily from the refinery. Nigerians presently anticipate the corresponding impact and benefits on siphon costs and the overall economy. “Moreover, he voiced optimism with regard to the revival of the Kaduna refinery, calling the news promising, as it is expected to boost productivity, further develop transportation, and alleviate economic burdens across the country.
“While we recognize these achievements as a step in the right direction, it is crucial to emphasize the importance of transparency in the operations of the NNPC,” he penned.