Nigerians have been reassured by Senate President Godswill Akpabio that the nation will produce enough petroleum (premium motor spirit) to be self-sufficient within the next four weeks.
He promised that the short-term suffering will soon come to an end and praised President Bola Tinubu for having the guts to abolish the fuel subsidy.
Akpabio delivered a speech at the one-day South-South APC conference in Calabar, the state capital of Cross River State.
He claimed that in order to reach his conclusion, he had monitored several refineries.
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“I went round the Dangote refinery and found out that by this July 2024, Nigeria is about to become self-sufficient in the production of PMS.
“As of today, it produces enough diesel and it’s already exporting to other countries. Same with fertiliser and Urea. So we are getting to that era in the country where we produce what we consume and consume what we produce,” he said.
Akpabio also assured that the ongoing negotiations over acceptable minimum wage will be concluded shortly.
“Very soon we’ll conclude negotiations on minimum wage and Nigerians will be happy for it.
The economy we met was not in good shape at all, I call it a ‘foamy economy.’ Despite that, the President consistently tells me, ‘I cannot complain; I campaigned and danced for this job, so I must do it and I must do it well’,” Akpabio stated.
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