![Labour Party Presidential Candidate, Peter Obi [PHOTO: TW @PeterObi]](https://ejesgistnews.com/wp-content/uploads/2023/02/Labour-Party-Presidential-Candidate-Peter-Obi-PHOTO_-TW-@PeterObi.jpg "Labour Party Presidential Candidate, Peter Obi [PHOTO_ TW @PeterObi]")
The 2023 Labour Party presidential candidate Peter Obi has called on the federal government and the Nigerian National Petroleum Corporation (NNPC) to ensure transparency and accountability in managing the country’s vital oil resources.
Reacting to the reported commencement of operations at the Port Harcourt Refinery, Obi commended the revamp but emphasized that Nigerians eagerly anticipate tangible impacts on pump prices and economic relief.
In a statement shared via his X handle on Wednesday, Obi noted, “I wish to congratulate the NNPC for fulfilling the long-standing promise of revamping the old Port Harcourt refinery. The refinery, which comes on stream today, boasts an installed production capacity of 60,000 barrels of crude oil per day, with approximately 200 trucks expected to load products daily.
He continued, “Nigerians now await the corresponding impact and benefits on pump prices and the overall economy. 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.”
However, Obi stressed the need for clarity in the NNPC’s operations to ensure that the gains from increased refining capacity translate into benefits for ordinary Nigerians.
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“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,” he added.
Obi’s remarks come amidst widespread concerns over rising fuel prices and the economic burden on citizens. While the NNPC has projected significant outputs from the revamped refinery, public anticipation remains high for immediate economic relief.
