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

Military investigation ends: DHQ moves to arraign alleged coup plotters

The Armed Forces of Nigeria (AFN) have confirmed that...

Kano Emirship Tussle to Be Resolved Soon – Commissioner

The Kano State Government says the ongoing emirate leadership...

Welcoming Governor Abba Kabir Yusuf, Other Governors Into APC.

BY Umar Tanko Ya Kasai.On behalf of all support...

Crusade Dispute Puts CAN, PFN Under Spotlight

Allegations of interference and partiality have unsettled Nigeria’s major...

FUL Matriculates 9,097 Students for 2025/2026 Academic Session

From Noah Ocheni, LokojaThe Federal University Lokoja (FUL) has...

2026 Grammy Awards: Davido, Burna Boy, Ayra Starr others lose out; check out full list

Nigerian artistes including Davido, Burna Boy, Wizkid and Ayra...

Plateau Government Confirms Free Access to Anti-Snake Venom in Designated Health Facilities

By Israel Adamu, JosThe Plateau State Government has assured...

Kaduna: 80 Worshippers Escape After Church Abduction as Scores Remain in Captivity

By Achadu Gabriel, KadunaAt least 80 Christian worshippers abducted...

KGIRS Conducts Promotion Examination for 340 Staff in Kogi

The Kogi State Government has reaffirmed its commitment to...

Abia Records Surge in School Enrolment as Education Sector Expands

By Okechukwu Keshi UkegbuThe Abia State education sector is...

Bayelsa NUJ Urges State Government to Immortalise Late Deputy Governor Ewhrudjakpo

The Nigeria Union of Journalists (NUJ), Bayelsa State Council,...

Sudden Death at Abuja Mosque Raises Cardiac Arrest Concerns

By Sam AgogoShock and grief gripped worshippers in Abuja...

Airports, Drug Syndicates, and Nigeria’s Global Reputation

By Tahir WaliNigeria’s airports are more than transit points;...

Related Articles

Popular Categories

spot_imgspot_img