The Warri and Port Harcourt refineries are back on stream, producing for local consumption, Central Bank of Nigeria (CBN) governor Godwin Emefiele said yesterday.
Consequently, Nigerians will soon “start to see a drastic drop in the importation of refined petroleum products,” Emefiele said at the end of the .....bimonthly Monetary Policy Committee (MPC) meeting in Abuja.
The Kaduna refinery will follow suit next month, he said. He also threw light on the rise in Nigeria’s foreign reserves.
The major reason, according to him, is the plugging of leakages in the system.
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