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Group alleges plot to sabotage crude supply, fuel independence

Dangote petrol

By Luminous Jannamike

ABUJA – A civil society organisation, Concerned Nigerians, has raised concerns over an alleged plan to disrupt the supply of crude oil to domestic refineries, including the Dangote Refinery.

The group warned that such a move could hinder Nigeria’s efforts to achieve fuel independence and reverse recent economic reforms.

In a statement issued by its national coordinator, Obinna Francis, the group suggested that certain individuals within the petroleum sector might be working to limit crude oil access to local refineries. The statement also mentioned potential coordination with regulators responsible for overseeing crude oil supply.

The group expressed concern that disrupting crude supply could lead to a shortage of refined petroleum products, forcing the country to rely on imports. They argued that this might increase fuel prices, exacerbate inflation, and impact food costs, potentially causing public dissatisfaction.

Emphasising the importance of safeguarding Nigeria’s refining capacity and avoiding a return to fuel importation, the group called on the President and relevant security agencies to investigate the matter and ensure that recent progress in the energy sector is not undermined.

They further urged swift action to protect Nigeria’s energy independence and maintain the momentum of ongoing economic reforms.

The statement reads: “We are concerned about reports suggesting that local refineries may be denied access to crude oil supply.

“Such actions could lead Nigeria back to the era of petrol importation and the reintroduction of subsidies. Cutting off crude oil supply to domestic refineries may create a shortage of refined products, forcing the country to rely on imports.

“There are indications that disruptions to exploration and distribution infrastructure could be used to justify limiting crude supplies. Some individuals may see this as an opportunity to push for changes in the current system.

“Our concern is that any disruption in refining capacity could lead to petrol scarcity, increase fuel prices, and drive up food prices, potentially causing public dissatisfaction. Such outcomes could be exploited to create unrest and pressure on the government.

“We urge the President and relevant security agencies to ensure that the progress made in the energy sector is protected and not undermined.

“If these issues are not addressed, they could reverse the gains of recent economic reforms and harm the country’s economic stability.”