Tinubu Assures Nigerians Refineries Will Be Revived

President Bola Tinubu assured Nigerians on Thursday that the country's state-owned refineries will be revived and repositioned to deliver sustainable value, emphasizing that his administration is pursuing a comprehensive restructuring of the facilities rather than temporary fixes. The assurance was given during a meeting with the national executive of the Nigerian Union of Petroleum and Natural Gas Workers (NUPENG) at the Presidential Villa in Abuja.

Responding to the union's call for the revival of the nation's refineries, President Tinubu stated that the facilities, which represent significant past investments, would not be allowed to deteriorate into economic liabilities. He said the government would undertake detailed research, technical assessments, and structural reviews to identify operational, financial, and managerial challenges before developing sustainable solutions. "The refineries you mentioned are going to come back to work. We're just building a very firm, resetting, and structural reworking of the economy of it," the President said. He stressed that merely producing smoke and flames from a refinery would not constitute success unless the facility operates...