Why govt should sell our refineries

ALTHOUGH the Federal Government has gone ahead with the deregulation of the oil sector, we will not achieve anything if we don’t sell our refineries to investors who will be able to turn them around in a short period of time. As long as government continues to run the refineries, they will never work optimally. After the sale of the refineries, the government should also give tax considerations to other investors to come and establish their refineries in the country.

Also, the funds being saved from the subsidy payments should be used to provide social amenities and infrastructures for Nigerians.

I want the funds being saved to be diverted to the power sector. Nigeria needs constant power supply for it to develop. It is unfortunate that over the years, we have not been able to get the power situation right in the country.

I also want special attention to be given to our terrible road networks.


Idayat Kassim,