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National

We Are Ready For Oil Importation – Oil Marketers

By Damilola Adeyemo

LAGOS – The Chairman, Major Oil Marketers Association of Nigeria, Mr. Adetunji Oyebanji, has said that Oil marketers are ready to resume the importation of oil.

In a statement, Oyebanji said “The discussion we should be having today is how best to maximize the benefits of the removal of price controls and subsidies while minimizing the adverse effects of this action on our citizens,” he said.

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He said as promised by the government, a visible and measured reduction in the cost of governance throughout the polity would bring about savings that can be directed toward improving the livelihood of the average Nigerian.

“This cost optimisation initiative would demonstrate to Nigerians the good faith of the decision-makers in both the public and private sectors.”

“We need to collectively and as a nation, track the progress of work at all the new refineries under construction across the country to ensure they are delivered timely, efficiently and sustainably.

“If need be, private investment should be brought in to facilitate the rehabilitation and upgrade of the NNPC refineries for the efficient growth of Nigeria’s internal refining capacity and to ensure energy sufficiency for the country.”

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Nigerian VAT Report Q1 2025
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