Buhari will End Crude Oil Importation Very soon – Petroleum Minister
The Minister of State Petroleum Resourses, Chief Timipre Sylva has said that the Muhammadu Buhari led administration is committed to putting an end to the importation of refined petroleum products into Nigeria.
Note that Nigeria is a top importer of refined Petroleum product despite being a crude oil producing economy.
The Minister made this statement on Wednesday while inspecting the Azikel Hydro-Skimming Refinery, the first hydro-skimming private modular refinery being built by businessman, Azibapu Eruani in Yenagoa, Bayelsa State.
He said that Buhari led administration is working tirelessly to reverse Nigeria’s status as a top importer of refined Petroleum products, by supporting the establishment of modular refineries to boost indigenous Petroleum production.
He was quoted in the statement as saying:
“The Azikel Refinery is set to actualise the ‘export’ of refined products from Bayelsa State to other states in the Nigerian federation.
“It comes with a daily production of 1.5 million litres of petrol, one million litres of diesel, 500,000 litres of kerosene and aviation fuel.
“It will thereby reverse the stigma on Nigeria, the world’s fifth largest producer of crude oil being a net importer of refined products.” he said.