A Northern group, Arewa Think Tank (ATT) has expressed happiness over the operational status of the Port Harcourt Refinery, saying President Bola Tinubu’s Renewed Hope Agenda and economic policies are on the right tracks to make Nigeria great again.
A statement by the Convener of Arewa Think Tank, Muhammad Alhaji Yakubu, said, “With the commencement of crude oil processing and an impressive installed production capacity of 60,000 barrels per day, the refinery is poised to load 200 trucks daily with locally refined products”.
Yakubu said with this positive development in the oil sector, anybody who did not see a brighter future of the country under the administration of President Tinubu, such person does not have national interest, but personal vendetta to settle with the President.
“There are very visible signs that faith in President Tinubu’s government is not misplaced, and that is why Arewa Think Tank will continue to appeal to Nigerians for patience to allow the manifestation of all his policies and programmes for the country.
“The reactivation of the Port Harcourt Refinery represents a pivotal milestone in Nigeria’s quest for self-sufficiency in petroleum products. For too long, the nation has grappled with the challenges of fuel scarcity and the economic repercussions that accompany it.
“This significant development heralds a new era for the Nigerian oil industry and renews the hopes of millions of citizens across the nation.
“The operationalisation of this refinery not only promises to alleviate these pressing issues but also serves as a beacon of hope for economic revitalization and job creation, particularly in the northern regions of the country.
“Arewa Think Tank has said without numbers that there is hope of quick economic recovery under President Tinubu’s administration, and so the decision to restart operations at the Port Harcourt Refinery aligns with the Federal Government’s broader strategy to enhance domestic refining capabilities and reduce dependence on imported petroleum products.
“We believe that by harnessing our local resources, is not merely about increasing production; it is about fostering a sense of national pride and self-reliance.
“The anticipated daily loading of 200 trucks is a testament to the refinery’s capacity to meet the growing demand for refined products, ensuring that citizens have access to fuel without the undue burden of high prices or scarcity.
“This development is particularly crucial for northern Nigeria, where the demand for petroleum products is significant due to the region’s agricultural and industrial activities.
“We strongly believe that the availability of locally refined products will enhance productivity, reduce transportation costs, and stimulate economic growth across various sectors.
“Another good thing about the reactivation of the Port Harcourt Refinery is the fact that it brings an opportunity to address environmental concerns associated with fuel importation and distribution.
“We are convinced that by refining crude oil domestically, Nigeria can implement more stringent environmental regulations and practices, ultimately leading to a reduction in the carbon footprint associated with transporting fuel across borders.
“With this encouraging and hope raising development in the oil sector, Arewa Think Tank can see a future where Nigeria stands tall as a self-sufficient nation, capable of meeting its energy needs while fostering economic growth and environmental sustainability.
“The commencement of operations at the Port Harcourt Refinery is a crucial step in that direction. It is a moment of hope, resilience, and renewed commitment to the development of our great nation.
“We also want to encourage the Federal Government to prioritize transparency and accountability in the operations of the Port Harcourt Refinery. Regular updates on production levels, distribution logistics, and the impact on local economies will not only build trust among citizens but also ensure that the benefits of this initiative are equitably distributed.
“For this very significant feat, we want to express our gratitude to the Federal Government, the Nigerian National Petroleum Company Limited, and all those who have worked tirelessly to bring the Port Harcourt Refinery back online. We must come together for this opportunity to transform our oil industry, uplift our communities, and drive the pathway to a brighter, more prosperous Nigeria, our dear country,” the statement said.