Guess there is little to smile about despite NUPENG and PENGASSAN calling off their strike and banks sending mails to customers that they are back to full scale activities.
Going forward, we need a short term plan to alleviate the sufferings of Nigerians. One of such is the MODULAR REFINERY.
This venture creates a readily available quantity of crude oil products.
Words have it that Nigeria already signed a memorandum of understanding with an American company to build 6(six) modular refineries whose combined output will be 180,000 barrels a day.
In the US-Nigerian joint venture comprising Vulcan Energy Corp and Petroleum refining and strategic reserve ltd, the MoU is reported to cost 697.5Billion naira.
N.B It's over a year now and No update on this joint venture because it is believed that in 12months we should be commissioning 2 of the 6 modular refineries.
Now we need a modular refinery to help bridge the scarcity.
Way to go
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