Why petrol, diesel prices may not drop despite Dangote refinery

Revival of Port Harcourt Refinery will create jobs opportunities for youths — Arewa group

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The Arewa Youth Consultative Forum (AYCF) has said the revival of Port Harcourt refinery will create jobs opportunities for youths.

This was even as it commended the Federal Government of Nigeria and the Nigeria National Petroleum Company Ltd (NNPCL) under the exemplary leadership of Mele Kyari over the current status of the refinery.

AYCF in a statement by its President General Yerima Shettima on Wednesday said, the remarkable achievement marks a pivotal moment in Nigeria’s oil industry and heralds a new era of growth, sustainability, and hope for millions of citizens across the nation.

“The recent commencement of crude oil processing at the Port Harcourt Refinery, with an impressive installed production capacity of 60,000 barrels per day, represents a significant milestone in our collective journey towards self-sufficiency in petroleum products.

“The refinery’s capacity to load 200 trucks daily with locally refined products is a testament to the dedication and commitment of the Federal Government and the NNPC in revitalizing critical national infrastructure that has long been dormant”.

He noted that for years, the Port Harcourt Refinery has stood as a symbol of Nigeria’s potential in the oil sector, yet it has faced numerous challenges that impeded its operational efficiency, adding that the revival of thw refinery is not merely an operational success; it is a beacon of hope that demonstrates what can be achieved when vision, determination, and strategic planning converge.

The AYCF said it recognized the tireless efforts of the Federal Government and the NNPC in overcoming the obstacles that have hindered the refinery’s functionality, and we commend their unwavering resolve in bringing this vital asset back to life.

“The implications of this development extend far beyond the immediate benefits of increased local production. With the refinery now operational, Nigeria is poised to reduce its reliance on imported petroleum products, a move that will enhance our economic sovereignty and contribute to the stabilization of fuel prices across the nation.

“This is particularly crucial in light of the global fluctuations in oil prices and the economic challenges that many Nigerians have faced in recent years.

Furthermore, the revival of the Port Harcourt Refinery is expected to create numerous job opportunities for our youth, thereby addressing the pressing issue of unemployment that has plagued our nation”.

The AYC further believed that empowering our youth through job creation is essential for fostering a sense of purpose and belonging in society. The operationalization of the refinery not only promises immediate employment opportunities but also paves the way for the development of a skilled workforce that can contribute to the growth of other sectors in the economy.

Additionally, the AYCF acknowledged the environmental significance of reviving the Port Harcourt Refinery. With modernized operations and adherence to best practices in environmental management, the refinery has the potential to minimize the ecological impact associated with petroleum refining. This aligns with global efforts to promote sustainable development and responsible resource management, which are vital for preserving our planet for future generations.

In light of these developments, the AYCF called upon all stakeholders in the Nigerian oil and gas sector to rally behind this initiative. It is imperative that we foster a collaborative approach that encourages innovation, investment, and transparency within the industry.

“We urge the Federal Government and the NNPC to continue engaging with local communities and stakeholders to ensure that the benefits of the refinery’s revival are felt across all strata of society.

“In conclusion, the AYCF once again commends the Federal Government and the NNPC under the leadership of Mele Kyari for their remarkable efforts in reviving the Port Harcourt Refinery. We look forward to witnessing the positive impact this development will have on our economy, our youth, and the future of our great nation”.




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