According to a statement by the Chairman
of the Independent Petroleum Marketers
Association of Nigeria (IPMAN), Sunny
Nkpe, Nigeria is constantly plagued with
fuel crises because it’s not using its
refineries.
He revealed that Nigeria’s refineries can
produce 50-60% of the fuel the country
needs but they’ve been shut down for
more than a year.

“We have refineries that can
refine 450,000 barrels of
crude oil per day, that’s
millions of litres of refined
product,” he stated.
“Why are we not using the
refineries? Let them use the
refineries,” Nkpe said

An industry insider, who chose to remain
anonymous, told Pulse that the relevant
government agencies refuse to use the
local refineries to produce the country’s
needs because there’s much more money
to be fraudulently gotten from importing
the product.

“They are knowingly
boycotting the refineries,”
she said. “They make more
money with importation due
to corruption and fraud,” she
added.

The fuel subsidy regime in Nigeria has
come to be viewed as a huge scam, a
notion buttressed by the 2014 arrest of
121 suspects, who were believed to have
benefited from it, by the Economic and
Financial Crimes Commission (EFCC).
The current scarcity is said to be an
artificial creation of the marketers in
attempts to force the government to pay
the remaining subsidy debt it owes them
before a new administration is inaugurated
on May 29, 2015.
Meanwhile, the marketers have called of
their strike and are expected to begin
supplying product nationwide to end the
scarcity.
However, until the real problems causing
the scarcity are resolved, Nigerians are
left asking how long it will be before the
next crisis occurs.


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