Reps seek truce between fuel importers, local refiners over supply security
The House of Representatives is seeking to reduce tensions between petroleum importers and domestic refiners as it begins consultations with operators to strengthen Nigeria’s downstream petroleum sector and ensure a steady fuel supply.
Mr Ugochinyere said the committee would consider the recommendations submitted by the various associations before proposing legislative measures to attract investment, expand domestic refining, promote competition, and ensure a reliable supply of affordable petroleum products.
While expressing support for the Federal Government’s efforts to expand domestic refining, Mr Isong said decisions on petroleum product imports should remain with the Federal Government and the NMDPRA.
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