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Group calls for Kyari’s sack, accuses him of sabotaging domestic refineries

by Present Nigeria
June 29, 2024
in Business
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Nigerians Will Likely See Downward Adjustment Of Fuel Price Soon- Kyari
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The Nigeria Ethnic Nationality Youth Leaders Council Worldwide has called for the immediate sack of the General Managing Director (GMD/CEO) of the Nigerian National Petroleum Corporation Limited (NNPCL), Mele Kyari.

The group which is the apex umbrella body for the over 407 ethnic nationalities youth leaders in Nigeria accused Kyari of sabotaging the fixing of indigenous refineries to the benefit of the subsidy cartel.

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This formed part of a communique issued by the group on Tuesday after their meeting in Abuja.

The communique made available to journalists was endorsed by Comrade Terry Obeih, President General, Niger Delta Ethnic Nationalities Youth Leaders/NENYLCW, Alhaji Balarabe Rufai, President, Northern Youth Congress/Vice President, NENYLCW, Aare Oladotun Hassan Esq, President, Yoruba Council of Youths Worldwide/Secretary General, NENYLCW, Mazi Okwu Nnabuike, National President, Ohanaeze Ndigbo Youth Council Worldwide/Publicity Secretary, NENYLCW, Comrade Emmanuel Zopmal, President, Middle-Belt Youth Council/Organising Secretary, NENYLCW and Alhaji Hamisu Dass, President, North-East Youth Assembly/Treasurer, NENYLCW.

The youth leaders accused the Kyari-led NNPCL of sabotaging the smooth take-off of both the government-owned refinery and the Dangote group-owned refinery.

This stand is coming amid outcry by Devakumar Edwin, the Vice President of Oil and Gas at Dangote Industries Limited (DIL), that International Oil Companies (IOCs) were frustrating the Dangote Refinery’s commencement of fuel supply by selling crude oil at higher prices.

Edwin said the IOCs were intentionally obstructing the refinery’s efforts to purchase local crude by inflating premium prices above market rates, compelling the refinery to import crude from distant countries like the United States, leading to significantly higher costs.

The youth leaders, while describing the situation as unacceptable, said it was strange that all the hopes the citizens placed on the Dangote refinery to bring down the cost of fuel were being frustrated.

According to the group, “We met today, Tuesday, the 25th day of June 2023 and reviewed the economic situation in the country as it affects the common masses.

“After a thorough analysis of the situation, it is our considered finding that the NNPCL is sabotaging the effort of the government towards making fuel affordable for Nigerians. This is a serious matter considering that Nigeria is operating a mono-economy, and as such whatever happens to fuel prices, has a spiral effect.

“We want to start by recalling that earlier in March this year, the NNPCL MD, Mele Kyayi, promised Nigerians that within two weeks, the Port Harcourt refinery would begin production.

“The MD, who gave that assurance during his appearance before the Senate ad-hoc committee that was investigating the Nigerian Refineries’ Turn Around Maintenance (TAM) Projects, went as far as stating that more than 450,000 barrels of oil were stored at the Port Harcourt refinery”.

He said then that,

“We did a mechanical completion of the refinery; that was what we said in December. We now have crude oil already stocked in the refinery.

“We are doing regulatory compliance tests that must happen in every refinery before you start it, and I assure you that this Port Harcourt refinery will start in the next two weeks.

“Completing the mechanical work means that you are done with the rehabilitation work, now you have to test it to see how it works. Of course, we have also completed the mechanical work on the Warri refinery.

” It is also undergoing regulatory compliance; processes that we are doing with our regulator, and this will soon be completed and it will be ready.

“Lastly, all the crude lines supplying crude to Port Harcourt and Warri are very active and we have delivered over 450,000 barrels of oil into Port Harcourt refinery. We are confident of the integrity of it. There may be security issues, but the government is responding to that”.

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