The Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) has advised government to have a rethink over on=going clampdown on illegal refineries in different part of the Niger Delta.
According to the President of NACCIMA, Dr. Ademola Ajayi, government’s closure of the so –called illegal refineries will be counter-productive to the nation’s refining capacity.
The Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) has advised government to have a rethink over on=going clampdown on illegal refineries in different part of the Niger Delta.
According to the President of NACCIMA, Dr. Ademola Ajayi, government’s closure of the so –called illegal refineries will be counter-productive to the nation’s refining capacity.
The NACCIMA president told reporters last week that the action of the Federal Government would further compound the sector’s supply chain of petroleum products.
“We believe that the Ministry of Petroleum Resources rather than destroying these illegal and stubborn stakeholders/operators involved should come up with regulations spelling out the criteria to make such illegal refineries become legal.
“If this is effectively done, it would boost local supply capacity of petroleum products, creating jobs and invariably may also reduce prices when competition fully takes its course. To ensure strict compliance to the laid down criteria, there is need for the Department of Petroleum Resources to assume effective supervisory role.”
Shipping Position Daily recalls that government had through the Joint Military Task Force had recently sealed about 1,000 illegal refineries in the Niger Delta region.
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