Group urges Tinubu to approve crude supply to Dangote Refinery

By Daniel Abia, Port Harcourt

Partners for National Economic Progress (PANEP) has appealed to President Bola Tinubu to usage his enforcement powers to guarantee the proviso of crude lipid to the Dangote Refinery, describing the determination arsenic important to resolving challenges successful Nigeria’s lipid sector.

The telephone was made during a rally themed “National Unity Against Sabotage: Reclaiming Our Petroleum Sector for the People” held successful Port Harcourt, Rivers State, connected Thursday.

In a connection signed by its conveners — Comrades Danesi Momoh, Igwe Ude-Umanta, Emmanuel Odumosu, Olayinka Dada, Omaga Daniel, Jabir Maiturari, Jide Wolimoh, Olugbenga Adeyeye, Fisayo Michael and Fisayo Olubayo Michael — PANEP urged Nigerians to defy efforts by “economic saboteurs” to undermine section refineries, particularly the Dangote Refinery.

The radical commended President Tinubu for creating a business-friendly situation and for “refusing to let vested interests successful the lipid assemblage to stifle section refining initiatives.”

“Our large nonsubjective contiguous is simply a patriotic request to Mr. President for the proviso of crude to the Dangote Refinery pursuant to Section 109 of the Petroleum Industry Act (2021),” the connection read.

PANEP argued that ensuring crude proviso to section refineries is some a ineligible work and a substance of nationalist economical interest. The radical described it arsenic “unfortunate and embarrassing” that the Dangote Refinery has had to import crude lipid from different countries.

“The Petroleum Industry Act mandates lipid companies, peculiarly upstream operators, to proviso crude lipid to home refineries astatine tenable prices,” the radical noted, urging regulators to enforce policies that enactment section refining.

PANEP appealed to President Tinubu to code the concern promptly, stressing that section refineries should person precedence entree to Nigeria’s crude.

The radical besides lauded the Dangote Refinery’s caller announcement to grow its refining capableness from 650,000 barrels per time to 1.4 cardinal barrels per day, describing it arsenic “a nationalist and continental milestone” that volition heighten employment, boost GDP, fortify the naira, and amended Nigeria’s commercialized balance.

“The proviso of crude to section refineries should not beryllium a struggle,” PANEP said. “Mr. President indispensable guarantee that nary bureau oregon instauration sabotages this priority. Nigeria’s emergence successful the downstream lipid assemblage depends connected it.”