The Conference of Nigeria Political Parties (CNPP) has praised the Nigerian National Petroleum Company Limited (NNPCL) for successfully completing the long-awaited rehabilitation of the Port Harcourt Refinery.
According to the CNPP, this significant achievement marks a pivotal step towards revitalising Nigeria’s oil and gas sector and ensuring energy security for the Nigerian people.
In a statement signed by its Deputy National Publicity Secretary, Comrade James Ezema, the CNPP commended NNPC Limited for delivering on the critical project, stating, “The rehabilitation of the Port Harcourt Refinery will be a legacy achievement for the Mele Kyari-led management team.
“We see this success as a result of our advocacy for enhanced Nigeria’s refining capacity, reduced dependency on imported petroleum products, and the urgent need to combat corruption in the petroleum industry.”
The CNPP urged NNPC Limited to adopt a more transparent and accountable approach in its operations.
“As a government-owned commercial entity, it is imperative that NNPC Limited operates with the highest standards of openness, ensuring that the Nigerian people are fully informed about its activities and financial dealings,” the CNPP stated.
“Transparency is not only a cornerstone of good governance but also essential for building public trust and confidence.”
The CNPP also called on NNPC Limited to avoid controversies that have previously marred the resuscitation of the Port Harcourt Refinery due to failures to meet deadlines.
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“It is crucial that the processes for reviving the remaining Nigerian refineries, as directed by President Bola Ahmed Tinubu, are conducted with utmost integrity and transparency. The Nigerian people deserve to see clear, accountable, and efficient management of these vital national assets,” it stressed.
The CNPP further appealed to President Tinubu to ensure greater transparency within the oil industry, stating that increased transparency would attract more investments, drive economic growth, and reduce the corruption that has long plagued the sector.
“Corruption in the oil and gas industry has been a significant detriment to Nigeria’s economy, leading to substantial revenue losses and forcing the country into a cycle of borrowing,” the CNPP said.
The organisation insisted that addressing corruption and enhancing transparency in the oil and gas sector is paramount to Nigeria’s economic stability and growth.
“The Nigerian people must be assured that their resources are managed responsibly and that the benefits of these resources are equitably distributed,” it added.
“The Nigerian people expect a cheaper pump price of locally refined petroleum products in the coming days. The CNPP remains committed to advocating for policies and practices that promote good governance, accountability, and sustainable development in Nigeria.
“We will continue to monitor the activities of NNPC Limited and other key stakeholders in the oil and gas sector to ensure that the interests of the Nigerian people are always prioritized above personal mundane interests.”
