Skip to content
July 16, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Political Economist

Political Economist

A liberal News reporting Politics, Sports, Business, Commentaries

  • Home
  • National News
    • Metro News
      • metro
    • Society
    • Crime and Justice
  • Special Reports
    • Investigation
    • Features
    • Interviews
  • Opinion
    • Commentaries
    • Perspectives
  • Press Releases
  • International News
  • Business & Economy
  • Politics
Watch Online
  • Home
  • National News
  • Scarcity: Fix nation’s refineries now, NUPENG urge NNPC
  • National News

Scarcity: Fix nation’s refineries now, NUPENG urge NNPC

Admin January 8, 2018

January 8, 2018

The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) on Monday called for the rehabilitation of the nation’s refineries to end the recurring scarcity of petrol in the country.

Mr Tayo Aboyeji, the South-West Chairman of the union made the call in an interview with the News Agency of Nigeria (NAN) in Lagos.

“It is disheartening to know that despite the fact that the nation is a major producer of crude oil, it cannot refine the product for its local consumption.

“It is ridiculous that for the past 15 years now, Nigerian National Petroleum Corporation (NNPC) had been spending billions of dollars on Turn Around Maintenance (TAM) of the refineries with nothing to show for it.

“If all our four refineries are producing at their maximum output, the country will not be spending billion of naira on importation of refined product.

“This is the right time for our refineries to work, the Federal Government should as a matter of urgency fix the refineries now,” he said.

The chairman urged the NNPC to increase supply of petrol to depots in order to reduce the scarcity nationwide.

According to Aboyeji, it is not yet time for total deregulation of the sector and advised the government to reduce import duty and provide waiver to oil companies to import the product.

On petrol stations selling above the official pump price, Aboyeji urged the Department of Petroleum Resources (DPR) to investigate properly before sealing such stations.

“To me, it is not all about the pump price; it is about where they are getting the product and how much they are getting it.

“Are these private depots selling above the ex-depot price of N133.28?

“Since DPR started the sealing of petrol stations that are selling above official pump price, we have not seen them asking questions in private depots how much they are selling to marketers.

“Oil marketers are in business to make money; they cannot get petrol at higher price and sell at lower price.

“It is the responsibility of DPR to find out the source of where the marketers are getting the product before sealing the stations,” he said.

  • Facebook
  • Share on X
  • LinkedIn
  • WhatsApp
  • Email
  • Copy Link
Tags: mainnews mainnews2 newsbar newsticker recommended

Post navigation

Previous Fuel scarcity: Ex-CBN director urges FG to repair refineries
Next Onyeama receives 491 Nigerian returnees from Libya in Port Harcourt

Related Stories

NPC inaugurates home-based online birth registration
  • National News

NPC inaugurates home-based online birth registration

July 15, 2026
Digital Shift: NPC Rolls Out ‘VitalReg’ Platform to Tackle Nigeria’s Birth and Death Registration Deficit
  • National News

Digital Shift: NPC Rolls Out ‘VitalReg’ Platform to Tackle Nigeria’s Birth and Death Registration Deficit

July 15, 2026
Senate gives Ogun-Osun River Basin 2 weeks ultimatum to reconcile accounts, threatens sanctions Senate passes Finance Bill
  • National News

Senate gives Ogun-Osun River Basin 2 weeks ultimatum to reconcile accounts, threatens sanctions

July 15, 2026
logo

Political Economist is a liberal news magazine with global affiliations.

At Political Economist, we promote free enterprise and act as a catalyst for the growth of knowledge economy. We are proudly pan-Nigeria yet richly spiced with African and global news. We offer a fair and balanced news reportage presented by our team of well-heeled professional journalists. <

About us

  • 5 Olutosin Ajayi Street, By CPM Church, Ajao Estate, Lagos State, Nigeria
  • +234 805 680 1124
  • info@politicaleconomistng.com

Follow

Subscribe to notifications

You may have missed

NPC inaugurates home-based online birth registration
  • National News

NPC inaugurates home-based online birth registration

July 15, 2026
Nigeria’s inflation rate drops to 15.91% in June- NBS total value of trade
  • Business & Economy

Nigeria’s inflation rate drops to 15.91% in June- NBS

July 15, 2026
Digital Shift: NPC Rolls Out ‘VitalReg’ Platform to Tackle Nigeria’s Birth and Death Registration Deficit
  • National News

Digital Shift: NPC Rolls Out ‘VitalReg’ Platform to Tackle Nigeria’s Birth and Death Registration Deficit

July 15, 2026
FCTA confirms 8 rabies cases, 2 deaths, issues alert
  • Breaking News

FCTA confirms 8 rabies cases, 2 deaths, issues alert

July 15, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Copyright © All rights reserved. | DarkNews by AF themes.