Participants in a Radio Bayelsa News and Current Affairs programme titled “Nigeria and Fuel Subsidy”, have urged the federal Government to create an enabling environment for private individuals, and companies to own refineries in the country as it will lead to the availability of petroleum products to Nigerians than the removal of petroleum subsidy.
A petrochemical Engineer, Mr. Olaowei Indiamowei regretted that Nigeria as the Ninth highest producer of crude in the world still imports processed petroleum products instead of processing its crude internally.
Mr. Indiamowei further explains that Nigeria’s crude oil is very easy and cheap to refine due to the absence of supplier,noting that what the country needs most is the sincerity of purpose from everyone, especially the leadership in order to end the oil crises in the country.
Mr. Boleigha stated that the removal of fuel subsidy will cause untold hardship to the ordinary man that has already been over taxed stressing that government has the responsibility of improving the living standard of its citizenry.
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