- A man has expressed excitement about the Port Harcourt Refining Company (PHRC) Ltd commencing its crude oil processing
- According to Femi Soneye, the chief corporate communications officer for the state-owned oil company, truck loading would commence on November 26
- Sharing a video of the refinery in operation, a man highlighted eight ways it would benefit the country and Nigerians at large
Following reports that the Port Harcourt Refinery has commenced crude oil processing, a man has taken to social media to share his thoughts on the development.
He listed eight implications of the refinery for the country and its citizenry.
In a tweet on X, the man, @woye1, posted a short clip of the refinery and claimed that petrol importation is gradually phasing out.
In his opinion, the naira would appreciate, the premium motor spirit (PMS) would reduce, inflation would decrease, and by-products for the manufacturing sector would be available.