• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Wednesday, September 9, 2026
Leadership Newspapers
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
Hausa Edition
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

Varsity Don Disagrees With Obasanjo On State Of Nigeria’s Refineries

Anayo Onukwugha by Anayo Onukwugha
4 months ago
in News
Former President Olusegun Obasanjo

Former President Olusegun Obasanjo

Share on WhatsAppShare on FacebookShare on XTelegram

An energy expert and lecturer in the Department of Marketing and Petroleum Economics at the Ignatius Ajuru University of Education, Port Harcourt, Dr Joseph Obele, has disagreed with former President Olusegun Obasanjo over his recent assertion that Nigeria’s refineries will “never work again.”

Obele, in a statement issued in Port Harcourt yesterday, described the position as overly pessimistic and not reflective of current reform opportunities within the petroleum sector.

He acknowledged that past challenges, ranging from poor maintenance, corruption and operational inefficiencies have hindered the refineries’ performance, but insisted that these are fixable structural issues rather than permanent limitations.

“While former President Obasanjo raised valid historical concerns, concluding that the refineries will never work again dismisses ongoing reforms, technological advancements, and the possibility of institutional correction,” the energy expert said.

Obele noted that some of the oldest refineries in the world are still functional today, citing the Digboi Refinery in India, established in 1901, which continues to operate.

He argued that age is not a limitation, but rather maintenance culture, technology upgrades, and management efficiency determine refinery performance.

The expert referenced the evolving structure of the Nigerian National Petroleum Company Limited, noting that its commercialisation and ongoing search for competent technical partners present a new pathway for restoring efficiency and productivity in the refining sector.

Obele emphasised that Nigeria’s refineries can function optimally under competent private sector management, stressing that the issue is not the assets themselves but how they are managed.

RELATED NEWS

TotalEnergies, NNPC Boost STEM Education In Abuja School With New Lab Centre

Nigeria Gets Bigger Naira Figures, Less Value – Atiku

Imo Community Seeks Government Intervention Over Alleged Security Brutality

He highlighted that the successful revival of Nigeria’s refineries will deliver significant national benefits, including job creation, lower inflation and economic growth among others.

 

We’ve got the edge. Get real-time reports, breaking scoops, and exclusive angles delivered straight to your phone. Don’t settle for stale news. Join LEADERSHIP NEWS on WhatsApp for 24/7 updates →

Join Our WhatsApp Channel

Nigerians can invest ₦2.5million on premium domains and earn about ₦17-25Million. Earnings in USD. Rather than wonder, click here to find out how it works

Anayo Onukwugha

Anayo Onukwugha

Anayo Onukwugha is a multiple award‑winning journalist with more than 20 years of experience. A former assistant secretary and acting secretary of the Rivers State Council of the Nigeria Union of Journalists, he now works with LEADERSHIP Newspaper. His articles address issues relating to the oil‑rich Niger Delta region, Nigeria and broader global topics. He shares his reporting journey on X at @aonukwugha.

OTHER NEWS UPDATES

TotalEnergies, NNPC Boost STEM Education In Abuja School With New Lab Centre
Business

TotalEnergies, NNPC Boost STEM Education In Abuja School With New Lab Centre

45 minutes ago
Auto Draft
News

Nigeria Gets Bigger Naira Figures, Less Value – Atiku

1 hour ago
Imo Community Seeks Government Intervention Over Alleged Security Brutality
News

Imo Community Seeks Government Intervention Over Alleged Security Brutality

1 hour ago
Next Post
Kassim Afegbua

Edo Woos Global Investors, Intensifies Security To Tackle Kidnapping

Advertisement

LATEST UPDATE

Gabriel Jesus Marks Barcelona Champions League Debut With Goal In Feyenoord Rout

2 minutes ago

Nigerian Stocks Sustain Decline, Loss N1.67trn

2 minutes ago

FIFA U-20 Women’s World Cup: Nigerian Ambassador Lifts Falconets, Urges Focus On China Match

37 minutes ago

Chad Opens First FIFA Arena As Country Plans 23 Mini-Pitches

42 minutes ago

TotalEnergies, NNPC Boost STEM Education In Abuja School With New Lab Centre

45 minutes ago
Load More
Advertisement
Facebook Twitter Instagram Youtube Whatsapp

© 2026 LEADERSHIP Media Group - All Rights Reserved | Hausa | Online Casino.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2026 LEADERSHIP Media Group - All Rights Reserved | Hausa | Online Casino.