The group led by Pa Reuben Fasoranti, in a statement following its Akure meeting this week, emphasized that meeting the December deadline for the Port Harcourt refinery’s revival would alleviate the harsh impact of the removal of the subsidy on Premium Motor Spirit (PMS), also known as petroleum, for Nigerians.
In August, the Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, had pledged that the Port Harcourt refinery would resume operations by December, as part of the government’s commitment to ending petroleum product importation.
Following the removal of the petrol subsidy in May 2023, which led to a significant increase in the per-litre price from N184 to over N600 in many parts of the country, Afenifere, in a statement signed by its spokesman, Jare Ajayi, urged the administration of President Bola Tinubu to fulfill the December deadline.
Afenifere stressed the importance of adhering to the given deadlines, particularly urging the government to ensure the timely revival of the Port Harcourt Refinery. This, they argued, would contribute to reducing the costs of petroleum products, subsequently addressing the surging prices of goods and services in the country.