x

Rehabilitate Refineries Before Scrapping Fuel Subsidy–CSO Tells FG

By Ya’u Mukhtar

President of the Civil Society Group for Good Governance, CSGGG, Comrade Ogakwu Dominic, has called on the federal government to revive the country’s moribund refineries before contemplating fuel subsidy removal.

His call was made during a world press briefing in Abuja.

In a statement, Comrade Ogakwu noted with worry that, in spite of having four refineries domiciled in Port Harcourt, Warri and Kaduna, the country cannot still refine its crude oil.

He further expressed concern that, Nigeria cannot afford to continue spending a whopping amount of money yearly to finance the fuel subsidy regime.

The statement reads in parts…”A key area of concern is Nigeria’s fuel subsidy bill which is growing faster and bigger than what our country’s economy can carry. If you can recall, it was stated recently that the country needs to spend a princely N3 trillion on subsidy in 2022. In the light of this humongous sum, we join well-meaning Nigerians in rehabilitation of the refineries to improve availability of products locally and reduce importation.

“It is also important that the federal government also ensure that the right policies are in place and improve the country’s domestic refining capacity to meet local demand before subsidy removal is implemented.”

Dominic further appealed to the Nigerian Customs Service personnel and other security agencies to mount surveillance across Nigeria’s borders to stem the tide of petroleum products’ smuggling to and fro neighbouring countries.

“We want to use this forum to call on Nigeria Customs Service and relevant security agencies to pay special attention to our land borders in order to mitigate the smuggling of Nigeria’s petroleum products to neighbouring countries.

” We are also calling on those involved on aiding and abating the smuggling of petroleum products to desist from this sabotage as the country is bleeding from all its openings and this can no longer be accepted,” he added

Hot this week

Kogi NUJ Correspondents’ Chapel to Hold 2026 Press Week in Lokoja

The Correspondents’ Chapel of the Nigeria Union of Journalists...

Kaduna Group Inaugurates LG Campaign Structures in Support of Tinubu, Uba Sani

A support group linked to Nigeria’s Minister of Defence,...

Eid-el-Fitr: Kogi Governor Ododo Urges Unity, Prayers for Nigeria

Kogi State Governor Ahmed Usman Ododo has extended Eid-el-Fitr...

State Police: Governors Submit Proposal for National Assembly Review

The Nigeria Governors Forum has submitted its position on...

FCT Administration Targets May Completion for Key Judicial Infrastructure Projects—Wike

By Joyce Remi-BabayejuThe FCT Minister, Barr. Nyesom Wike has...

Nigeria, Bangladesh Strike Collaboration Deal on Pharmaceutical Development

By Joyce Remi- BabayejuNigeria and Bangladesh have entered into...

NEMA Receives 100 Nigerian Returnees from Algeria Under IOM

By Joyce Remi- BabayejuThe National Emergency Management Agency (NEMA),...

A’Ibom youths protest non- employment, marginalisation in oil palm firm

By Ogenyi Ogenyi, UyoNo fewer than 100 youths from...

Cement at ₦11,000: Is it time for Nigerians to return to building with mud?

Rising cement prices, now exceeding ₦11,000 per bag, are...

Six Diseases Now Deadlier Than HIV Globally — WHO Data

New global health data from the World Health Organization...

Concerns as Blessing CEO auctions property for sale amid battle with stage 4 cancer

Nigerian social media personality Blessing CEO has stirred concern...

Related Articles

Popular Categories

spot_imgspot_img