This was contained in a statement issued by Mr. Bayo Onanuga, Special Adviser to the President on Information and Strategy.
Impact of the revitalisation
The President said such revitalisation efforts will significantly enhance domestic production capacity alongside the contributions of privately-owned refineries and make Nigeria a major energy hub, with the gas sector attracting unprecedented attention from the administration.
The president also underscored 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 resources for domestic consumption.
Highlighting the values of patience, integrity, and accountability in rebuilding the nation’s infrastructure, President Tinubu called on individuals, institutions, and citizens entrusted with responsibilities to maintain focus and uphold trust in their service to the nation.
The President acknowledged the pivotal role of former President Muhammadu Buhari in initiating the comprehensive rehabilitation of all refineries in the country.
He expressed gratitude to the African Export-Import Bank for its confidence in financing the critical project.
The President reaffirmed his administration’s commitment to achieving energy sufficiency, enhancing energy security, and boosting export capacity for Nigeria to further align with the Renewed Hope Agenda focused on shared economic prosperity for all Nigerians.
The Chief Corporate Communications Officer of the Nigerian National Petroleum Company Limited (NNPCL), Femi Soneye, said that the Port Harcourt Refinery, one of the oil refineries owned by the Nigerian government commenced processing of crude oil production on Tuesday, November 26th, 2024.
It would be recalled that in December 2023, the Nigerian government announced the mechanical completion and flare start of Nigeria’s largest crude refinery rehabilitation in Port Harcourt, Rivers State
