The word "deregulation" has come again and the merchants of linguistic abuse have not relented. We hear it is the price for more refineries in this country. Those with clear eyes will see the surrogates of international leeches in the 'oil' waters. These sophists are trying every possible trick to offer our sovereignty on a golden platter to whom they wish for their personal benefits. These controversies are foretastes of the deceits in NNPC. I still believe we have a clout holding NNPC in recurrent pin-fall. Either this clout gets a re-grafted brain or is compelled to have a robotic thinking pattern for Nigeria as a nation. Jonathan will certainly fail if he has weak handle on NNPC. The way NNPC is 'regulated' determines the survival of Nigeria and the national policy defined by law will check the excesses of psychopathic deviants in the oil sector. Let's know what PIB contains!
Read this: NNPC Insolvent? Never! Says Levi Ajuonuma.
Some points to note in the report that stimulated my comment:
“……you will agree that NNPC is the most efficient and transparently set-up in Nigeria.”
“Do you realize that for more than 12 years, the Turn Around Maintenance (TAM) on the Kaduna refinery was not done because of bureaucracy?”
“…..the Russians are here for our gas, the Germans are here for power, and the Chinese are investing about N8 billion to establish three refineries in the country.”
“Importation is important but we need more refineries to be built, and the only way more refineries can be built is if the prices are right.”
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