Fuel Crisis : "Give Licences to 'Illegal Refineries', Dangote Can't Do it Alone" - Sen. Kalu Tells FG

Following the perennial fuel crisis currently bedeviling the country and its attendant economic implications, the Senate Chief Whip, Senator Orji Uzor Kalu has urged the Federal Government to absorb operators of illegal refineries into the system by issuing them with licences to operate, Igbere TV reports.

Speaking at the floor of the senate, Kalu noted that Dangote can't do it alone which is why it is imperative to consider this method in order to curb the fuel crisis ravaging the country.

Igbere TV reports that Kalu insisted that Dangote refinery does not have the capacity to fill the shortage of petroleum products if importation is stopped, maintaining that issuing licenses and giving crude oil at half price to modular refinery owners is the solution.

“All those people stealing and refining our crude oil should be recognized and given licenses. They should give up to one thousand licenses to those boys and give them this oil at the half price to refine and put the inspectorate department of the NNPC to inspect so that we will have surplus with other refineries” he stated.

The Abia North Senator expressed regret that his proposal to former president Olusegun Obasanjo while he was a governor to force Chevron, ExxonMobil, Total and Agip to own a refinery with 80% state and 20% operators’ ownership was not adhered to, adding that the state 80% stake was to be offloaded in the Nigerian Stock Exchange.

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Source : http://igberetvnews.com/858270/fuel-crisis-give-licences-to-illegal-refineries-dangote-cant-do-it-alone-sen-kalu-tells-fg/


Cc, Lalasticlala

Gbam!

But no, they want to keep oil cash flow among familiar faces

This is the way.. We have our own local technology and we have crude wetin remain.

Simple Common Sense.

This is why Nigeria will never be great. Because people like Buhari and Atiku are contesting instead of the likes of Sowore, Okonjo-Iweala, Ben Bruce etc If you get my drift.

Instead of talking about refining oil, we are talking about Cows.

Thank you Tinubu.

RAT 2023

If dem legalize illegal refineries e don turn Legal refineries b dat

Lol this man thinks that process is sustainable ..lol

The only reason those illegal refineries make profit is because they steal the oil

Trust me this makes no sense