Issuance of PMS import licences despite local refining capacity amounts to economic sabotage – Emmanuel
Issuance of PMS Import Licences Despite Local Refining Capacity Amounts to Economic Sabotage – Emmanuel
The Petroleum Industry Act is clear as daylight that if the local refineries have the capacity to produce and the output confirms this claim, the regulator is not supposed to… pic.twitter.com/9HJWsX4OED
— ARISE NEWS (@ARISEtv) November 17, 2024
The Petroleum Industry Act is clear as daylight that if the local refineries have the capacity to produce and the output confirms this claim, the regulator is not supposed to grant import licence to bring products to Nigeria. Clearly, some people are not happy with the arrival of Dangote refinery within the sector
– Kelvin Emmanuel, Economist and Energy Expert