{"id":5783,"date":"2018-01-04T13:15:23","date_gmt":"2018-01-04T20:15:23","guid":{"rendered":"http:\/\/nigerianews.ca\/?p=5783"},"modified":"2018-01-05T21:23:57","modified_gmt":"2018-01-06T04:23:57","slug":"its-a-big-shame-that-nigeria","status":"publish","type":"post","link":"https:\/\/nigerianews.ca\/its-a-big-shame-that-nigeria\/","title":{"rendered":"It\u2019s a BIG shame that Nigeria can\u2019t refine its Crude oil \u2013 Kachikwu"},"content":{"rendered":"
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Jan 4, 2018: Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, has described Nigeria\u2019s inability to refine its crude oil as \u201cshameful\u201d.\u00a0 \u201cThat ultimately will be the solution,\u201d he said.<\/div>\n
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Kachikwu said this on Thursday while speaking at an investigative public hearing on the current scarcity of petrol.<\/p>\n

Kachikwu said this when he appeared before the senate committee on petroleum (downstream).<\/p>\n

He said the ministry and the Nigerian National Petroleum Corporation (NNPC) were working round the clock to find a\u00a0solution to petrol scarcity.<\/p>\n

As part of the solutions to permanently end the scarcity, Kachikwu said the country\u2019s refinery needs to be functional.<\/p>\n

\u201cIn what I might call an emergency before the work that we are doing on the refineries that would be finished sometime in 2019,\u201d Kachikwu said.<\/p>\n

\u201cI want to remind that over two years we haven\u2019t had queues. We are spending night and day to find solutions to nip this in the bud.<\/p>\n

\u201cUltimately what this country needs is to have its refineries working and I have said that it is shameful that after 30, 40 years of activities in the downstream, cannot produce sufficient [petroleum products]. I have said nobody sells crude oil in its form in the world and we have to have the technical capacity to do this.\u201d<\/p>\n

He listed non-payment to marketers as one of the reasons for the scarcity. The minister also expressed regrets that some people took advantage of the situation.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Jan 4, 2018: Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, has described Nigeria\u2019s inability to refine its crude oil as \u201cshameful\u201d.\u00a0 \u201cThat ultimately will be the solution,\u201d he said. Kachikwu said this on Thursday while speaking at an investigative public hearing on the current scarcity of petrol. Kachikwu said this when he appeared 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