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Home»Business»Tinubu directs prompt reactivation of Warri, Kaduna refineries as Port Harcourt comes alive
Business

Tinubu directs prompt reactivation of Warri, Kaduna refineries as Port Harcourt comes alive

Ganiyu MubarakBy Ganiyu MubarakNovember 26, 2024No Comments
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President Bola Tinubu
President Bola Tinubu
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President Bola Tinubu has directed the prompt reactivation of the Warri Refinery and Petrochemicals Company Limited and Kaduna Refinery and Petrochemicals Company Limited as the Port Harcourt Petrochemicals and Company Limited came alive on Tuesday.

The order was contained in a statement issued on Monday by the Special Adviser to the President on Information and Strategy, Bayo Onanuga. 

According to the statement, President Tinubu extended his heartfelt congratulations to the Nigeria National Petroleum Company Limited on the successful revitalisation of the Port Harcourt refinery, marked by the official commencement of petroleum product loading on November 26, 2024.

Onanuga said: “The President acknowledges the pivotal role of former President Muhammadu Buhari in initiating the comprehensive rehabilitation of all our refineries and expresses gratitude to the African Export-Import Bank for its confidence in financing this critical project.

“Furthermore, President Tinubu commends the leadership of NNPC Limited’s Group Chief Executive Officer, Mr. Mele Kyari, whose unwavering dedication and commitment were instrumental in overcoming challenges to achieve this milestone.

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“With the successful revival of the Port Harcourt refinery, President Tinubu urges  NNPC Limited to expedite the scheduled  reactivation of both the second Port Harcourt refinery and the Warri and Kaduna refineries. 

“These efforts will significantly enhance domestic production capacity alongside the contributions of privately-owned refineries and make our country a major energy hub, with the gas sector also enjoying unprecedented attention by the administration. 

“The President underscores his administration’s determination to repair the nation’s refineries, aiming to eradicate the disheartening perception of Nigeria as a major crude oil producer that lacks the ability to refine its own resources for domestic consumption.

“Highlighting the values of patience, integrity, and accountability in the rebuilding of the nation’s infrastructure, President Tinubu calls upon individuals, institutions, and citizens entrusted with responsibilities to maintain focus and uphold trust in their service to the nation.

“In alignment with the Renewed Hope Agenda focused on shared economic prosperity for all, the President reaffirms his administration’s commitment to achieving energy sufficiency, enhancing energy security, and boosting export capacity for Nigeria.”

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