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PETROAN Urges Rehabilitation of Nigerian Refineries for Economic Growth

Business
Legit.ng
1 min read
PETROAN Urges Rehabilitation of Nigerian Refineries for Economic Growth

PETROAN, a petroleum product retail outlet owner association in Nigeria, advocates for the rehabilitation of the moribund state-owned refineries in Port Harcourt, Warri, and Kaduna. Dr. Joseph Obel highlights the need for sustained operations of these refineries to enhance energy security and economic stability.

The revival of the refineries is expected to create employment opportunities, particularly for the youth, and reduce reliance on fuel imports. Additionally, PETROAN discloses plans by the Nigerian National Petroleum Company Limited to potentially acquire and revive the Port Harcourt refinery under Dr. Billi Gilli Harri's leadership.

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