Oil Refining: Federal Government Makes U-Turn On Illegal Oil Refinery In Nigeria 

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The Acting President of Nigeria, Professor Yemi Osinbajo has announced that Federal Government has decided to collaborate with illegal oil refining in Nigeria in order to provide jobs for people who make their living from the illicit business in the Niger Delta region.

Instead of destroying these local refineries, the government has decided to make a U-turn in it initial ban as a means to bring the much-sorted peace in the region as well as increase job opportunities.

See Also: Nigeria Destroyed 400 Modular Refineries Despite Petrol Scarcity

Speaking on Tuesday, February 14, Prof. Osinbajo said considerations must be made for people who earn a living from illegal refining of oil in the Niger Delta in order to achieve sustainable peace. Without giving many details, he added that the approach is to establish modular refineries so that local oil refiners can participate in legal refineries.

Acting President Yemi Osinbajo

Osinbajo said:

“We have recognised that young men must be properly engaged.

“Therefore the government will make more provisions for the amnesty scheme for former militants who laid down arms in 2009 in exchange for cash stipends and job training.”

Read Also: Oil Wealth Distribution In Nigeria: A Case of The Rich getting Richer And The Poor Getting Poorer

In Nigeria, especially in Rivers State and other parts of the Niger Delta region, illegal oil refining is a major flourishing business in an otherwise desolate region. The scarcity of petrol in Nigeria due to the country’s derelict state refineries has spurred individuals and groups into the small scale – none government-supported business.

More so, the stipend cash payment budgeted for militants by then Late President Umaru Musa Yar’Adua was cut by the APC administration in other to end corrupt, giving a massive rise to numerous rebellious forces (militant) fighting government through destruction of the nation’s oil pipelines. Hence government resumed payments to stop the attacks which were fast crippling oil revenues in Nigeria.

Read Also: Niger Delta Monarchs Sets Four Conditions For Peace To Reign

The Ag. President told residents in Port Harcourt, Rivers state, during his visit that FG has made plans to provide for amnesty and for social intervention. As FG continues to negotiate for peace with the militants, Osinbajo has been visiting the region since January to calm tensions.

Despite all criticism, the Professor has demonstrated that his willing to impact the change promised by President Muhammadu Buhari led administration. In more ways than words, Osinbajo has implemented on plans to end the economic recession; including issuing an order to prevent inflation of food prices to enhance the affordability of foodstuffs in the local markets across the nation.

Prior to his departure for a vacation, President Buhari had handed the affairs of the country over to his Vice, Osinbajo and so far the pastor has acted with proper decisions for the interests of Nigerians and his visit to Rivers state to inform of FG decision on illegal oil refining and that of Aba, in Abia state, has given hope to local manufacturing processes by Nigerians whose daily livelihood depends on their individual potentials to diversify the economy of the West African country.

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