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

Yaya Toure names Super Eagles most impressive team at AFCON 2025

Former Manchester City and Ivory Coast midfielder, Yaya Toure,...

Emir Sanusi Gains Admission to Study Law at Northwest University, Kano

By Fabian ApechihinKANO — The Emir of Kano,...

NDU Inducts First Building Graduates into Nigerian Institute of Building

The Niger Delta University (NDU) has recorded a major...

Alleged N4tr debts: 1,000 CSOs back local contractors protest against FG

***demand resignation of Finance Minister, Uzoka-AniteNo fewer than one...

Electricity Sector: Consumers Decry Alleged Rights Abuses, Cite KAEDCO as Example

By Achadu Gabriel, KadunaConcerns are mounting over what critics...

NSCDC: A Force for Security or a Source of Corruption?

The tenure of Ahmed Abubakar Audi as Commandant General...

CVR: Oborevwori, Stakeholders Lament Low Turnout, Call for Massive Grassroots Mobilisation in Delta

By Anne AzukaDelta State Governor, Sheriff Oborevwori, has expressed...

Bayelsa Community Apprehends Bricklayer Over Alleged Defilement of 12-Year-Old Stepdaughter

Residents of Obunagha Community in Yenagoa Local Government Area...

Abia Labour Party Warns APC Against ‘Backdoor’ Power Grab

By Okechukwu Keshi UkegbuThe Labour Party (LP) in Abia...

Police Headquarters Confirms Kaduna Church Worshippers’ Kidnapping

…IGP orders full deployment of intelligence and operational assetsBy...

Related Articles

Popular Categories

spot_imgspot_img