How to address our low gasoline levels

Last December, just around Christmas, Nigerians witnessed a sight that should be unthinkable in a country with our oil and gas resources - long, snaking queues for fuel at our nation's petrol stations. So just why is our country - one which has such rich reserves of its own - struggling to supply adequate amounts of gasoline to keep our domestic economy moving? An untenable situation "Blaming these shortages on the petrol suppliers themselves is unacceptable," says our Chairman Onajite Okoloko. "While I condemn the short-sightedness and opportunism of fuel merchants and petrol stations that hoard fuel in situations like this, their actions mask the root causes of this problem. It is clearly inexcusable that a country with the rich natural resources of Nigeria should be unable to supply enough fuel to its people - and of course much of this is down to a lack of investment in our own domestic refining capabilities. " The need for domestic infrastructure Clearly, not having enough...
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