Nigeria is depending heavily on the importation of petroleum products, all the refineries are not yet working despite several promises by government that the plants will start production. Secondly, even small-scale refineries should be encouraged to come up to boost the moribund refineries we have. So there must be a competition of petroleum products refining in Nigeria, whereby we can have alternatives. But I still want to let you know that I’m aware that 11 companies were pre-qualified to build refineries in Nigeria. Since marketers are aware of these challenges, why are you not supporting the government in terms of petroleum products importation?
Source: Punch May 30, 2022 12:19 UTC