PENGASSAN has turned out to be exactly what many people suspected it was: a proxy for those who exploited the petroleum subsidy system for years.
It is now clear that only a few corrupt elements have been reaping billions from this conduit, often without contributing to local production.
It’s laughable that some of these individuals don’t even understand the industry but have been profiting from it immensely.
The tide began to change with Dangote emerging as a major local producer of petroleum products. This development could potentially make fuel more affordable for Nigerians.
Whatever it amounts to, people of goodwill like me, stand with Dangote and call on PENGASSAN to focus on resuscitating our refineries for local production.
It’s time for meaningful change in our petroleum sector through pragmatic reforms.
Yusuf Emmanuel Omuya a Public Affairs Analyst can be reached on
oohinoyi@yahoo.com
