President Bola Tinubu has once again pleaded with Nigerians to bear with him in the face of the hardship they are going through as a result of the sudden removal of fuel subsidy in his inaugural speech on May 29, without adequate palliative measures put on ground.
President Tinubu who, on different occasions, has called on Nigerians to bear the pains his administration has inflicted on them saying they are only temporary, once again reiterated that the four refineries in the country would soon commence operations for the production of petroleum products which would bring succour to the people.
During his maiden speech, Tinubu had also vowed to do everything possible to see that one of the biggest local refineries located in Port Harcourt would recommence operations by December 2023; but with a month to the end of the year, anxiety is building as to whether it would be yet another failed promise.
However, during the 11th Convocation ceremony of the Michael Okpara University of Agriculture Umudike (MOUAU) on Saturday, Tinubu once again promised that not only would he do all it took to fix the refineries, but that they would soon resume optimum production which would ultimately bring down the high cost of petroleum products in the country.
“Very soon, some of our local refineries will start production, and the current exorbitant prices of fuel energy will be greatly reduced,” Tinubu said through his representative, the Executive Secretary, Agricultural Research Council of Nigeria, Professor Garba Sharubutu.
Acknowledging the economic hardship in the country, Tinubu appealed for patience and continued support from Nigerians for his administration as efforts were made to address the challenges in the country.
“Bear with us and remain resolutely in support of this administration, as we would leave no stone unturned in reversing the severe hardships that our people are currently passing through.
“Part of the supplementary budget that the Parliament has approved will be applied to bring interventions to critical segments of the agricultural sector.
“The burden of insecurity is clearly a major challenge in Nigeria, but I assure you that in no distant time, it will become history,” he added.
The previous day, the Group Managing Director of state-owned oil firm, the Nigerian National Petroleum Company Limited (NNPCL), Mele Kyari, had also announced that the country would end the importation of refined petroleum products by December 2024, while briefing lawmakers on steps being taken by the corporation to achieve the deadline.
Kyari said that all the four refineries in the country located in Port Harcourt, Warri and Kaduna would be operational by then.
“I can confirm to you that by the end of December this year, we will start the Port Harcourt refinery; early in the first quarter of 2024, we will start the Warri refinery; and by the end of 2024, Kaduna refinery will come into operation.
“We will no longer be talking about fuel importation by the end of 2024. I am very optimistic that this will crystallize,” he had said.