President Bola Tinubu on Thursday said his administration would revive moribund refineries.
He, however, warned that their success would be based on productivity and not mere activities, as obtainable in the past.
Tinubu stated this when he received the Executive President of the Nigeria Union of Petroleum and Natural Gas Workers, Salimon Oladiti, and members of the union at the Aso Rock Presidential Villa, Abuja, on Thursday.
Addressing the delegation’s concerns about the long-delayed revival of Nigeria’s state-owned refineries directly, the President said, “The refineries you mentioned are going to come back to work. We’re just building a very firm reset and structural reworking of the economy.
“Ordinary flame and smoke of a refinery doesn’t mean it’s working, until it’s profitable and yields the value for which it is built.”
