The House of Representatives has called on the Federal Government to develop a blueprint for the involvement of indigenous refiners in the nation’s petroleum production value chain.
The House’s resolution followed the adoption of a motion on the need to reform and regulate Nigerian petroleum production to integrate artisanal refiners into the value chain, a motion which was moved by the Deputy Minority Whip, George Ozodinobi.
Speaking on the motion on Thursday, Ozodinobi stressed that, constitutionally, it is crucial to harness the nation’s resources to promote prosperity.
He argued that lives and revenues had been lost as a result of the government’s inability to recognise, regulate, and control artisanal refining of petroleum products,” a practice he said has been prevalent in the Niger Delta region for decades.
The Labour Party chieftain noted that in 2016, the Federal Government proposed the integration of artisanal refiners into mainstream oil and gas operations to encourage more local content in the industry and to advance the use of home-grown technology in petroleum refining in the region.
Post comments (0)