Business News of Monday, 18 November 2024

Source: www.thenationonlineng.net

NNPCL must start PH, Warri refineries now – Group

Nigerian National Petroleum Company Limited Nigerian National Petroleum Company Limited

A group, Stand-Up South South Security Group (SSSSG), has accused the Nigerian National Petroleum Company Limited (NNPCL) and those it described as oil cabals of killing the economy with importation of refined products.

The group lamented between 2007 and now the NNPCL had wasted $20 billion on repairing the refineries with several promises of starting dates with no refinery working .

In a statement on Monday in Abuja by Comrade Dickson A. Onisiru, its coordinator, the group accused NNPCL of spending on fixing refineries with nothing coming out of it.

The group urged President Bola Tinubu to immediately direct NNPCL to give account for these billions of dollars wasted on rehabilitation of moribund Refineries.

It also called on Nigerians to ask NNPCL when the refineries will start work.

The group also warned the importation of fuel was targeted at frustrating all domestic and local refineries including the Dangote Refinery.

It called on President Tinubu to think deep and not to allow NNPCL and oil cabals to destroy his government, amaking life difficult for Nigerians.

The group alleged that NNPCL has become a tool in the hands of opposition to undermine the administration of President Tinubu.

“ We are beginning to suspect that the NNPCL, oil cabals and fuel importers have a simple agenda to frustrate Tinubu’s govt and Tinubu’s efforts to end Importation of fuel. This is why the NNPCL has deliberately made sure that PH and Warri Refineries are not working, just to sustain their importation of fuel”

“More so, why are they making unnecessary noise about monopoly, but NNPC had the monopoly for decades. The NNPCL should start refineries now and there will be no more monopoly . So , why are they not starting the refineries ? This is why President Tinubu must compel the NNPCL to start the Refineries immediately.”