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NANS urge FG to repair oil refineries

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By Mercy Kelani

Importation of petroleum products is exacerbating the country’s situation.

Nigeria’s pursuit of self-sufficiency in oil production necessitates the National Association of Nigerian Students (NANS) urging the federal government and the Nigerian National Petroleum Corporation Limited (NNPCL) to swiftly address the dilapidated state of the nation’s refineries. Concrete measures must be taken to mend these faulty establishments, as this remains the only path to achieving the desired outcome. A statement was issued by the National Senate President of the National Association of Nigerian Students (NANS), Elvis Ekundina.

In the statement, the leading students’ association’s national authority voiced its concern over the deteriorating foreign exchange crisis in Nigeria. The association bemoaned how the ongoing importation of petroleum products is exacerbating the situation. The student body representing Nigerian Students made a compelling case as it stated that Nigeria’s path towards ensuring rapid economic growth in the country would be hindered if it refuses to desist from its habit of importing petroleum products from foreign nations.

There is a need to ensure full functionality of the nation’s refineries.

Also, the association emphasized the imperative for the federal government to tackle the ongoing energy crisis, which has emerged due to an acute scarcity of petrol within the Nigerian market. They insisted that resolving this issue involves not only repairing the nation’s refineries but also ensuring their operation at full capacity. NANS asserts that if the country’s refineries function in an effective and efficient manner, they have the potential to cater to the nation’s daily consumption of petroleum products.

The Senate President of the Nigerian Association of Nigerian Students (NANS) expressed deep sorrow over the aggravation of Nigeria’s energy predicament subsequent to the elimination of fuel subsidy by the national government in the month of May, 2023. This unwelcome alteration consequently resulted in upsurges in the cost of petrol at fuel stations. He firmly believes that the most effective solution to rectify this situation would be to ensure the full functionality of the nation’s refining facilities.

This will provide a solution to the energy challenge of the country.

If Nigerian refineries were to operate at their maximum potential, he contended that there would be no need for the country to import fuel, given its status as an oil-producing nation. According to the Senate President of the National Association of Nigerian Students (NANS), Nigeria needs put some things in place if it desires to put an end to the unfavourable consequences of importing petroleum products, such as the depletion of foreign exchange reserves and the loss of employment opportunities.

One of such is that it must prioritize the restoration of its own refineries using the expertise of its citizens. NANS holds the conviction that by restoring and reactivating Nigeria defective refineries to reach their highest production capacity, leaders will find a solution to the energy predicament faced by the country. Furthermore, the current predicaments encompassing the nation’s foreign exchange and the deteriorating state of the national currency will be effectively tackled through this solution.

Collaboration between Nigeria refineries & Dangote refinery.

Additionally, the resolution of Nigeria’s fuel scarcity and pricing issues will come to fruition once the country successfully restores and effectively utilizes its refineries by repairing them. NANS is optimistic about the synergistic operation of the country’s refineries alongside the Dangote refinery, as this promising collaboration has the potential to transform Nigeria into a significant exporter of refined petroleum products. Furthermore, this mutually beneficial partnership will contribute to maintaining stability in fuel prices, he expressed with confidence.


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AN-Toni
Editor
2 months ago

NANS urge FG to repair oil refineries. – Importation of petroleum products is exacerbating the country’s situation. – Express your point of view.

Adeoye Adegoke
Member
2 months ago

I totally agree with NANS on this one! It’s crucial for the Nigerian government to prioritize the repair of our oil refineries. Relying heavily on the importation of petroleum products not only puts a strain on our economy but also exacerbates the country’s situation.
Investing in the repair and maintenance of our oil refineries would have multiple benefits. It would help create job opportunities, boost local industries, and reduce our dependence on foreign imports. Additionally, it would enhance our energy security and contribute to the overall development of the country.
By repairing our oil refineries, we can harness the potential of our natural resources and work towards achieving self-sufficiency in petroleum products. This would not only save us valuable foreign exchange but also strengthen our economy and improve the standard of living for Nigerians.
It’s important for the government to listen to the concerns of organizations like NANS and take proactive steps towards revitalizing our oil refineries. Let’s hope for positive action that will lead to a more sustainable and self-reliant future for Nigeria. 🇳🇬💪

Kazeem1
Member
2 months ago

I support NANS’s position and exhort the government to get to work.Through the restoration of our oil refineries, we can fully utilize our natural resources and strive toward petroleum product self-sufficiency.It’s critical that the government pay attention to the issues that groups have.

Taiwo
Member
2 months ago

Oil refinery repairs are urged by NANS to FG. Importing petroleum products is making matters worse for the nation. The Nigerian government must prioritize maintaining its oil refineries.The money spent on upkeep and repairs would be very beneficial to our oil refineries. For the citizens of the nation, there will be job opportunities

SarahDiv
Member
2 months ago

Repairing Nigeria’s refineries is crucial to overcoming the foreign exchange crisis and energy shortage. NANS emphasizes self-sufficiency, stating that operational refineries can eliminate the need for fuel imports and stabilize prices. Collaboration with the Dangote refinery is seen as a promising step towards becoming a refined petroleum exporter.