Wednesday, 27 May 2015

Breaking NEWS
WE WILL NOT USE MARKETERS FOR PMS IMPORTATION
"...in the short run, we will not use the marketers for the PMS importation...we shall give all our local PMS needs that NNPC cannot refine to foreign firms to refine for us and pay them the cost of refining...we shall provide transport to ship crude to and from the foreign refineries and pay the cost of refining for us...I believe that will remove the subsidy fraud in the short run...when I give you 200,000bpd to refine, you must give me the equivalent outputs that it will bring in kerosene, PMS, Diesel etc... ...But in the long run, we shall encourage local refineries..."

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