So let’s discuss on fuel but not any fuel. What appears to be emerging in Nigeria’s oil industry therefore is a clear cut competition which is rising steadily. On one side you have the Dangote Petroleum Refinery and on the other hand, you have the Crude Oil Refiners Association of Nigeria, and also on the other hand, some of the major oil marketers who have made up their mind to start importing the PMS, also known as petrol.
But here’s the catch: Dangote officials aren’t too happy about what’s being shipped in. They’re saying, pretty boldly, that these imported fuels are, well, not great to put it mildly. Think low quality, subpar, and even toxic. Yep, they used the T-word.
Now, it’s not just about quality, either. Dangote’s camp has pointed out that importing this questionable fuel could ramp up demand for U.S. dollars. Not exactly ideal when the economy’s already under pressure.
This whole debate kicked off after three major oil marketers announced they’re expecting a few ships loaded with petrol – we’re talking about 141 million litres – heading to Nigeria. This comes after the Federal Government fully deregulated the downstream oil sector, opening the doors wide for imports.
But, hold on. Dangote's team isn’t about to let this slide. Their refinery, which has pumped a jaw-dropping $20bn into production, has been supplying cleaner fuel. They’re saying these imports are not just dirty but harmful to the environment and our health. According to them, the blend of the imported fuel is questionable, and it's all about the marketers making a quick buck at the expense of Nigerians.
One insider at the Dangote refinery even warned, “They’re importing substandard fuel, and if this continues, it’s not going to stop.” It’s a stark warning that leaves a lot to chew on. Should Nigerians be worried about what's being pumped into their cars?
In the end, this isn’t just a battle about fuel. It’s about trust, quality, and who has the country’s best interests at heart. As the fuel showdown continues, one thing’s for sure the debate about the quality of petrol in Nigeria isn’t going anywhere soon.
Credit: punchnews