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VI
Oil Refineries Owners Seek End to Frequent Disruption of Downstream Operations
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THISDAYLIVE
The group emphasised that the survival of private refineries was indispensable to achieving energy self-sufficiency, safeguarding foreign exchange reserves, and protecting household welfare.
Access to crude oil feedstock remains one of the most pressing obstacles, often complicated by regulatory delays and supply chain disruptions.
Such actors are resistant to change and are using disputes within the industry as leverage to undermine the growth of the local refining sector,” the organisation stated.
It argued that the resilience of the nation’s refining industry was critical to economic health, job creation, and the stability of every Nigerian household that relies on affordable energy.
By protecting private refinery operators and ensuring uninterrupted access to crude and gas supply, the government, it said, would be reinforcing one of the country’s most strategic pillars of economic security.