Speaking at the PENGASSAN Energy and Labour Summit 2023 in Abuja, Kyari said as a resource-dependent country, Nigeria should not be exporting one hundred percent of its crude as it does at present.
According to him, this means Nigerians will have sufficient volumes in the country and those that can leave the country.
The NNPC boss however, made it clear that refining crude oil in the country would not necessarily bring down the local price of petrol, which he said was controlled by the international price.
Government-owned refineries have been moribund for years but the Federal Government has assured Nigerians that some of the refineries will become functional again soon as part of efforts to end importation of petrol into the country.
Leave feedback about this