By Thomas Danjuma Abu
The news is everywhere—the Port Harcourt refinery is finally operational! After years of watching our crude oil exported for refining, Nigeria now has a chance to process its oil locally. This milestone could mark a pivotal shift for the nation’s energy sector. No more shipping crude abroad, no more costly imports of refined products. At last, we are in control of our own resources.
The potential economic benefits are immense. Billions of naira previously spent on importation could now remain within the country. The grip of foreign refineries and middlemen on our economy could loosen, creating room for growth, investment, and job opportunities. Logistically, the headache of fuel importation is resolved.
But here’s the real question: where is the relief for ordinary Nigerians? If this achievement does not bring a significant reduction in fuel prices, then it risks being little more than a headline. What justification could there be for high pump prices in a country rich in crude oil and now capable of refining it locally?
The success of the refinery must not stop at operational status. It should signal the start of broader economic transformation. Affordable energy is not just an economic issue; it’s a matter of national pride and social justice. Anything short of this would be a betrayal of the promises made to Nigerians.
The ball is firmly in the government’s court. The refinery’s revival must translate into tangible benefits for the people. Nigerians need actions, not rhetoric. The time for excuses is over.
Abu can be reached via danjumaabu3750@gmail.com or +2348062380296
Peoplesmind