ADVERTISEMENT

Five times Tinubu’s govt has promised to kickstart Port Harcourt refinery

News Express |15th Sep 2024 | 226
  Five times Tinubu’s govt has promised to kickstart Port Harcourt refinery

President Bola Tinubu




Sixteen months into President Bola Ahmed Tinubu’s administration,swornin May 29, 2023, the hope of Nigeria’s refineries returning to life, as promised, is fast becoming a mirage.



Before the 2023 general elections, the president had, among other things, promised to make the state-owned refineries in Port Harcourt, Warri, and Kaduna operational.



Not only that, the then Presidential candidate of the All Progressives Congress (APC) also allayed the fear of Nigerians over possible hikes in fuel prices, assuring that his government, if elected, would ‘bring it down’.



While none of these has been achieved, the Group Chairman of Dangote Industries Limited, Aliko Dangote,threw a subtle jab at the Nigerian governmenton Tuesday, September 3rd, 2024, when he described the official rollout of PMS, also known as petrol, from his refinery as history made for the country after decades of not producing a single litre of gasoline.



Before Dangote’s announcement of his company’s milestone, NNPCL had earlier quashed the fading hope of Nigerians buying petrol below N500 per litre again since President Bola Tinubu removed the fuelsubsidyin May 2023.



Amidst scarcity and persistent long queues, it was reported that the nation’s oil company increased the pump price from N617 to N865 per litre nationwide.



The joy of an Indigenous refinery, Dangote, commencing production of petroleum products was shortlived. Nigerians’ hope, seemingly resting on the shoulders of the billionaire businessman, was clouded by uncertainties, especially on pricing and the back-and-forth that trailed the announcement of the NNPCL as the soleoff-takerfrom the private refinery.



Many had expected that, with an indigenous refinery now operational, the price of petrol would drop, given that the cost of exporting crude oil abroad for refining would no longer be a factor. However, this is far from the reality, as there is noguaranteethat the commencement of the Dangote refinery will reduce fuel prices.



Bearing this in mind, conversations are beginning to shift back to the nation’s oil refineries. Many Nigerians are asking questions about the state of things after many assurances of bringing the national assets back to life. Don’t forget the NNPCL recently announced its readiness tohand overPort Harcourt, Warri, and Kaduna refineries to private companies to run.



This article takes a look at five different times Tinubu’s government has promised to kickstart the Port Harcourt refinery to no avail.

During Tinubu’s Meeting with Labour Leaders in August 2023

On 2nd August 2023, President Bola Tinubu assured that the Port Harcourt refinery would start production by December 2023, following the completion of the ongoing rehabilitation contract between the NNPCL and the Italian firm, Maire Tecnimont SpA.

According to a statement by Dele Alake, the then Special Adviser to the President on Special Duties, Communications, and Strategy, the assurance was given after Tinubu’s discussions with Joe Ajaero, President of the Nigeria Labour Congress (NLC), and Festus Osifo, President of the Trade Union Congress (TUC).

The promise was part of the President’s efforts to end nationwide protests by the unions following the government’s removal of the petrol subsidy.

Minister of State for Petroleum’s Visit to the Refinery in August 2023

On 25th August 2023, during a visit to the Port Harcourt Refining Company (PHRC) Ltd. plant in Port Harcourt, Rivers State, the Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri,announcedthat the refinery would commence operations by December 2023.



He noted that the $1.5 billion rehabilitation of the Port Harcourt refinery was part of Tinubu’s administration’s efforts to end the importation of petroleum products. He added that the Warri and Kaduna refineries would also be operational by 2024.

After Mele Kyari’s Meeting with the Senate Ad-hoc Committee in March 2024

On 14th March 2024, the Tinubu administration again promised to kickstart the refinery. The Group Chief Executive Officer of NNPCL, Mele Kyari, gave theassuranceduring a meeting with the Senate Ad-hoc Committee on the Turnaround Maintenance of the country’s four refineries.



Kyari stated that the refinery had already been completed at the time and would begin producing refined petroleum by the end of March 2024.

During the Senate Ad-hoc Committee on Petroleum’s Visit to Gov. Siminalayi Fubara in April 2024

On 19th April 2024, during a courtesy visit to the Executive Governor of Rivers State, Siminalayi Fubara, the Senate Ad-hoc Committee to Investigate the Turnaround Maintenance of Nigeria’s Refineriesrevealedthat the Port Harcourt refinery was 90 per cent complete and expected to commence operations before the end of the year.



The Chairman of the committee, Senator Ifeanyi Ubah, stated that the rehabilitation of the refinery was in line with President Tinubu’s Renewed Hope Agenda. He added, “We are pleased to note that what we saw is most encouraging as the refinery upgrade and full rehabilitation is almost at 90 percent completed. We are confident that the refinery will soon be operational before the end of the year”.

During an Emergency Session on the State of the Economy in July 2024

In the most recent promise regarding the refinery’s commencement date, on 15th July 2024, the Group Chief Executive Officer of NNPCL, Mele Kyari, set a new date of August 2024 for the Port Harcourt refinery to begin production.

Kyari provided thisassuranceduring an emergency session on the state of the economy with the Joint Senate and House of Representatives Committees on Finance. He added that Nigeria would become a net exporter of petrol by the end of the year, noting that the Kaduna refinery would also be ready for petrol production by December 2024.



Despite these numerous promises, as of the time of this report, the Port Harcourt refinery, like its counterparts in Warri and Kaduna, has yet to commence petrol production. (Nigerian Tribune)

President Bola Tinubu

Comments

Post Comment

Even the Pope has an opinion on Elon Musk's proposed $1 trillion pay package

Even the Pope has an opinion on Elon Musk's proposed $1 trillion pay package

Japa: Greener pastures getting nearer

Japa: Greener pastures getting nearer

Harvard ends undergraduate minority recruitment program as Trump targets Race in admissions

Harvard ends undergraduate minority recruitment program as Trump targets Race in admissions

6 grandchildren of late Singapore tycoon Goh Cheng Liang become billionaires under unusual inheritance plan

6 grandchildren of late Singapore tycoon Goh Cheng Liang become billionaires under unusual inheritance plan

Judge says Trump administration is making ‘an end run around’ federal court orders in deportation case

Judge says Trump administration is making ‘an end run around’ federal court orders in deportation case

Rivers can’t afford another crisis, Ibas warns political actors

Rivers can’t afford another crisis, Ibas warns political actors

Ex-British high commissioner to Nigeria shares insights on Femi Otedola’s ‘Making It Big’

Ex-British high commissioner to Nigeria shares insights on Femi Otedola’s ‘Making It Big’

Benjamin Kalu, A Rising Political Force in Southeast - Empowering the Next Generation of Igbo Leaders

Benjamin Kalu, A Rising Political Force in Southeast - Empowering the Next Generation of Igbo Leaders

Naija Times celebrates 5th anniversary, launches nonprofit arm to promote quality journalism and social impact

Naija Times celebrates 5th anniversary, launches nonprofit arm to promote quality journalism and social impact

Morocco Receives 723 Chinese Yutong Buses Ahead of AFCON 2025

Morocco Receives 723 Chinese Yutong Buses Ahead of AFCON 2025

Ruben Amorim accepts 'any decision' as Man Utd worries deepen after heavy defeat in Manchester derby

Ruben Amorim accepts 'any decision' as Man Utd worries deepen after heavy defeat in Manchester derby

Lula hails Bolsonaro verdict, tells Trump Brazil’s democracy not negotiable

Lula hails Bolsonaro verdict, tells Trump Brazil’s democracy not negotiable

India vs Pakistan Asia Cup match hit by ‘no handshake’ controversy

India vs Pakistan Asia Cup match hit by ‘no handshake’ controversy

1st Tunisian ship departs as part of Gaza-bound aid flotilla to break Israeli siege

1st Tunisian ship departs as part of Gaza-bound aid flotilla to break Israeli siege

Trump issues an ultimatum for NATO countries on Russia sanctions

Trump issues an ultimatum for NATO countries on Russia sanctions

NWSL match abandoned after midfielder Savannah DeMelo collapses on field

NWSL match abandoned after midfielder Savannah DeMelo collapses on field

Romania condemns ‘irresponsible’ Moscow after Russian drone breaches its airspace

Romania condemns ‘irresponsible’ Moscow after Russian drone breaches its airspace

Rising seas will threaten 1.5 million Australians by 2050 - report

Rising seas will threaten 1.5 million Australians by 2050 - report

Hatton's death is 'heartbreaking' - Rooney

Hatton's death is 'heartbreaking' - Rooney

19 women, children killed as bus carrying wedding guests rolls into river in Zamfara

19 women, children killed as bus carrying wedding guests rolls into river in Zamfara

Monday, September 15, 2025 8:47 AM
ADVERTISEMENT

Follow us on

GOCOP Accredited Member

GOCOP Accredited member
logo

NEWS EXPRESS is Nigeria’s leading online newspaper. Published by Africa’s international award-winning journalist, Mr. Isaac Umunna, NEWS EXPRESS is Nigeria’s first truly professional online daily newspaper. It is published from Lagos, Nigeria’s economic and media hub, and has a provision for occasional special print editions. Thanks to our vast network of sources and dedicated team of professional journalists and contributors spread across Nigeria and overseas, NEWS EXPRESS has become synonymous with newsbreaks and exclusive stories from around the world.

Contact

Adetoun Close, Off College Road, Ogba, Ikeja, Lagos State.
+234(0)8098020976, 07013416146, 08066020976
info@newsexpressngr.com

Find us on

Facebook
Twitter

Copyright NewsExpress Nigeria 2025