Nigeria is the only oil producing country struggling with importation of refined products – Kachikwu

(L to R) President Muhammadu Buhari and Ibe Kachikwu

The Minister lamented that Nigeria remained the only oil producing country still struggling with the importation of refined petroleum products.

According to him, “For me, the whole idea of continuing importation of petroleum products in this country is a shame. We are the only one, when we go for OPEC meetings that are still struggling how to import petroleum products when we should be able to produce even if it is only the petroleum products that we need in this country.

“We need to find anything that will help us to do that and I encourage you to collaboratively work with us as we get into this. Once that happen, it is going to open a whole vista of opportunities in marketing, midstream performances, opportunities in infrastructure along pipeline.

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The Minister who said that Nigeria should be able to produce enough petroleum products to meet domestic needs, stressed that changing times in the industry suggested that the country must look for ways of ensuring efficient management of the refineries and make them productive or lose them and the job opportunities it offers.

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