Nigeria, Jan. 6 -- Recently, the media was awashed with news of the rehabilitation of the Port Harcourt and Warri refineries and the subsequent production of petroleum product from the Port Harcourt refinery. Following my personal confirmation of the veracity of the stories, I am compelled to publicly commend President Bola Tinubu for rehabilitating the refineries.

At a time when Nigerians are groaning over the huge cost of petroleum products, especially PMS, it is a huge relief to observe that the Port Harcourt and Warri refineries have come back to life, with the possibility of driving competition that will ultimately bring down the prices of petroleum products across the country.

Having taken steps to revamp the refineries, the Presi...