• Oil & Gas - News
  • Updated: October 05, 2022

2023: Peter Obi Assures Revival Of Local Refinery, Price Products Strictly In Naira

The presidential candidate of the Labour Party, Peter Obi, has declared that establishing local refining capacity with Naira-only pricing is a key component of his proposal for Nigeria's energy sector.

About Nigeria's energy sector and how he intends to revitalise it for the benefit of Nigerians, Obi made multiple statements via his official Twitter account.

He claims that his administration's main goal is to transition Nigeria from an oil-dependent nation to one that is at the forefront of the fourth industrial revolution. 

With a particular focus on transmission infrastructure, he intends to vigorously support private sector investment in the power value chain through a variety of strategies.

He continued by saying that, in addition to a strong power mix that includes renewable energy, he will strongly push the deregulation of the transmission system while in government. 

Additionally, he declared that he would speed up the conversion of all government cars from internal combustion engines to gasoline engines.


Join our Telegram platform to get news update Join Now
Lawrence Agbo
Lawrence Agbo

Lawrence is a vibrant digital journalist that loves creating SEO-focused content that drives busines...

More From this Author


mrs oil nigeria plc Oil & Gas

MRS Oil PLC started marketing petroleum products in Nigeria in 1913 under the Te...

eterna plc Oil & Gas

Eterna plc was incorporated on the 13th of January 1989 as Eterna Oil & Gas ...


0 Comment(s)


See this post in...