President Bola Tinubu has expressed optimism that Nigeria’s state-owned refineries will be back in operation soon.
The President gave the assurance while addressing concerns about fuel supply and the country’s dependence on imported petroleum products. He said government efforts to rehabilitate the refineries are progressing and results will be seen in the near future.According to him, restoring local refining capacity is a key part of his administration’s plan to reduce import costs, create jobs, and stabilize fuel prices for Nigerians.
He noted that the process involves both technical upgrades and better management structures.Tinubu added that the revival of the refineries will also strengthen energy security and help the country retain more value from its crude oil resources within the local economy.
The President urged Nigerians to remain patient as the rehabilitation work reaches completion. He reaffirmed his commitment to ending the era of reliance on fuel imports and making Nigeria self-sufficient in petroleum refining.