• Latest
  • Trending
  • All
  • National News
  • Business
  • Politics
  • Science
  • World
  • Lifestyle
  • Tech
Functional refineries can solve Nigeria’s forex crisis – Oborevwori

Functional refineries can solve Nigeria’s forex crisis – Oborevwori

April 23, 2024
federal government

At least 21 dead after migrant boat sinks off Senegal coast, government says

November 8, 2026
NDLEA Waives Drug Test Fees for Ministry of Interior Job Applicants

NDLEA Intercepts Multi-Billion-Naira Opioids, Loud, and Syndicate Networks in Nationwide Raids

November 8, 2026
NDLEA Waives Drug Test Fees for Ministry of Interior Job Applicants

Ugandan Woman Arrested at Lagos Airport With 87 Cocaine Wraps Concealed in Private Part

November 8, 2026
Soldiers beat policemen

Troops Rescue 119 Abducted Civilians, Foil Officer’s Kidnapping in Multi-State Operations

November 8, 2026
Obafemi Hamzat, the set man for Lagos, by Ken Ugbechie 

Obafemi Hamzat, the set man for Lagos, by Ken Ugbechie 

November 8, 2026
First Day in Office: 5 key actions of Donald Trump

Many thanks to Trump, women and minorities are soaring in American politics, by Nduka Uzuakpundu

November 8, 2026
Tompolo and the coming Tinubu electoral victory tsunami, by Jack Okude

Tompolo and the coming Tinubu electoral victory tsunami, by Jack Okude

November 7, 2026
Zamfara youths protest

ASP Detained Over Fatal Shooting of Teenage Girl During Gang Clash

November 7, 2026
Auto Draft

10 Key Things to Know about Justice Lifu’s Judgment Affecting ADC, Atiku, By Abdulrahman Abdulaziz

November 7, 2026
Federal High Court

Court sacks David Mark-led ADC leadership, voids Atiku’s presidential primary

November 5, 2026
PDP convention

PDP leadership crisis: Turaki group loses again to Wike; heads to Supreme Court

November 5, 2026
benin city

Benin to receive 40 new repatriated looted artefacts from Sweden

November 4, 2026
  • Home
  • National News
    • Metro News
      • metro
    • Society
    • Politics
    • Crime and Justice
  • Special Reports
    • Investigation
    • Features
    • Interviews
  • Opinion
    • Business & Economy
    • Commentaries
    • Perspectives
  • Press Releases
  • International News
Monday, November 9, 2026
  • Login
Political Economist
  • Home
  • National News
    • Metro News
      • metro
    • Society
    • Politics
    • Crime and Justice
  • Special Reports
    • Investigation
    • Features
    • Interviews
  • Opinion
    • Business & Economy
    • Commentaries
    • Perspectives
  • Press Releases
  • International News
No Result
View All Result
Political Economist
No Result
View All Result
Home Business & Economy

Functional refineries can solve Nigeria’s forex crisis – Oborevwori

by Admin
April 23, 2024
in Business & Economy
0
Functional refineries can solve Nigeria’s forex crisis – Oborevwori

Delta Governor, Rt Hon Sheriff Oborevwori (8th left), his Deputy, Sir Monday Onyeme (7th left), Secretary to Delta State Government, SSG, Dr Kingsley Emu (4th left), Chairman Senate Committee on Petroleum Downstream, Senator Ifeanyi Ubah (6th right), Senator Mpigi Barinada (5th right), Senator Joel Onowakpo, Vice Chairman Senate Committee on Defence (2nd right), and others shortly after a courtesy call by the Senate Ad-hoc Committee on the Governor in Asaba on Monday . Pix Enarusai Bripin

491
SHARES
1.4k
VIEWS
Share on FacebookShare on Twitter

Delta Governor, Rt Hon Sheriff Oborevwori (8th left), his Deputy, Sir Monday Onyeme (7th left), Secretary to Delta State Government, SSG, Dr Kingsley Emu (4th left), Chairman Senate Committee on Petroleum Downstream, Senator Ifeanyi Ubah (6th right), Senator Mpigi Barinada (5th right), Senator Joel Onowakpo, Vice Chairman Senate Committee on Defence (2nd right), and others shortly after a courtesy call by the Senate Ad-hoc Committee on the Governor in Asaba on Monday . Pix Enarusai Bripin

 

Delta State Governor, Rt Hon Sheriff Oborevwori has said that making refineries in Nigeria work again would save the nation foreign exchange for fuel importation.

Governor Oborevwori stated this when he received the Senate Ad-hoc Committee on Turnaround Maintenance of Nigerian Refineries led by Senator Ifeanyi Ubah at Government House, Asaba.

The Governor said that when the nation stops importation of petroleum products there would be less pressure on the naira against the dollar and urged the Federal Government to expedite action in revitalising the nation’s refineries.

He said: “I am happy that you people are here today.  I can see some of my good friends that we served together as Speakers.

“I have the full confidence that this Ad-hoc committee will do a very good job. I want to say it here that this assignment is not a jamboree; it is an assignment with seriousness and I believe that with your oversight function, the right thing is done, that our refineries are put in place.

“When this is done, the issue of fuel importation will be a thing of the past because it is causing us a lot and we are having challenges with forex.

“So if our refineries are working and things are going very well, it will also boost the economy of this country.

“I want to assure you of our support in Delta State. Any support you need to aid your oversight work, we are going to give you in Delta.”

Earlier, Senator Ubah said the Ad-hoc Committee was in the state on oversight function to turnaround the nation’s refineries.

“We are here to look into the rehabilitation of our refineries, the issues surrounding crude oil theft, how we can maximise the output of our country’s crude oil and also how we can support issues that have to do with upstream, downstream, Niger Delta affairs and host communities of Niger Delta.

“So it is a holistic committee. As a tradition of the Senate, we felt that we must come to pay homage to you the Executive Governor.  We were with the Governor of Rivers state few days ago and we are glad that you gave us the opportunity to come and see you.”

In an interview with journalists, Senator Ubah assured that the nation’s refineries would come on stream before the end of the year.

“For me to make that statement that the refineries will be up and running before the end of this year, you need to know my background. If I do not have that background, I would not say what I am not sure of.

“So we will continue to give them close monitoring to make sure that all i’s are dotted and all t’s crossed. I am sure that by the grace of God, the ‘RENEWED HOPE’ of Mr. President is not something that you can just take away for a mere talk. It is working”, he said.

On oil theft, Senator Ubah said; “we are going to set up a public hearing, the portal will be opened next week and we will have our inaugural launch in Rivers state; from there we will come to Delta state and visit all the states in the Niger Delta.

“It is only when you get close to the people, their locality that they can tell you what is happening and you will know how to cure it. So that is one of our responsibilities in our committee.”

On the Petroleum Industry Act (PIA), Senator Ubah said; “its a bit of it that is not being implemented and we are also going through that to make sure that we get it working.

“It is not an easy thing. You know the culture and you know what we Nigerians are. Sooner rather than later, you will start seeing the work.”

 

  • Facebook
  • Share on X
  • LinkedIn
  • WhatsApp
  • Email
  • Copy Link
Tags: #Senator Ifeanyi Ubahetroleum Industry ActNiger Delta AffairsRefineriesRt. Hon. Sheriff Oborevwori
Share196Tweet123
Admin

Admin

  • Trending
  • Comments
  • Latest
The Doherty brothers plot to hijack Lagos governorship, by March Oyinki   

The Doherty brothers plot to hijack Lagos governorship, by March Oyinki  

October 1, 2026
Obafemi Hamzat, the set man for Lagos, by Ken Ugbechie 

Obafemi Hamzat, the set man for Lagos, by Ken Ugbechie 

November 8, 2026
Top 11 ‘Firsts’ about US midterm elections: First open gay, first black governor, others

Top 11 ‘Firsts’ about US midterm elections: First open gay, first black governor, others

November 4, 2026
IGP Orders State CPs To Recover Fire Arms From Private Security Outfits

Jonathan Sacks IGP Abba, Appoints Arase

19
Zinox iPower Inverter Claws to Market Dominance

Zinox iPower Inverter Claws to Market Dominance

2
Police seal off Ondo House of Assembly

Police foil another suicide bomb attempt in Borno, kill three bombers

2
federal government

At least 21 dead after migrant boat sinks off Senegal coast, government says

November 8, 2026
NDLEA Waives Drug Test Fees for Ministry of Interior Job Applicants

NDLEA Intercepts Multi-Billion-Naira Opioids, Loud, and Syndicate Networks in Nationwide Raids

November 8, 2026
NDLEA Waives Drug Test Fees for Ministry of Interior Job Applicants

Ugandan Woman Arrested at Lagos Airport With 87 Cocaine Wraps Concealed in Private Part

November 8, 2026
Political Economist

Copyright © 2017 JNews.

Navigate Site

  • About
  • Advertise
  • Privacy & Policy
  • Contact

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • National News
    • Metro News
      • metro
    • Society
    • Politics
    • Crime and Justice
  • Special Reports
    • Investigation
    • Features
    • Interviews
  • Opinion
    • Business & Economy
    • Commentaries
    • Perspectives
  • Press Releases
  • International News

Copyright © 2017 JNews.