Oil and gas

Senator Sani Musa advises FG to Privatise moribund refineries 

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Senator Representing Niger East on the Platform of the All Ptogressives Congress(APC) Sani Musa, has advised the Federal Government to privatise moribund oil refineries as a way out to achieve local refining of crude oil in the country for affordable price of petrol.

Sani Musa who is the chairman, Senate committee on Finance in the current 10th National Assembly, made the call in Abuja on Saturday while fielding questions from journalists on the 63rd Independence anniversary  of Nigeria .

According to him, the refineries have more or less turned to bottomless pit for government as far as turnaround maintenance is concerned .

“For me, my candid advice to the federal government on the Nation’s moribund oil refineries, is for them to be privatised .

“Proceeds from such privatisation should be diversified into the mining sector for job creation for the teeming Nigerian youth who are roaming the streets on daily basis.

“The youth constitute 70% of Nigeria’s  population and must be made to be productive which is possible if the mining and Agricultural sectors are re – positioned.

“The Not too young to run opportunity given to the youth in the political terrain, should be practically extended to the realm of innovation by providing them with conducive environment and enablement to innovate as it is, in most developed countries”, he said.

He added that Nigeria has not done badly in her 63 years of self governance but added that what it needs now, is the right leadership .

The right leadership he explained, will help in harnessing the abundant human and natural resources the country is blessed with, for the greatest good of the greatest number of her citizens.

He however, enthused that the President Bola Tinubu led administration is showing inclination for the right leadership needed by the country.

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