By Olivia Isibor (AGENDAWATCHDOG) – The Minister of State for Petroleum Resources, Timipre Sylva, sees nothing wrong with Nigeria importing refined petrol from Niger Republic.
Sylva said this on Channels Television in reaction to the general opprobrium that had trailed the memorandum of Understanding signed by the Federal government, through the Ministry of Petroleum Resources, with the government of Niger Republic for the importation of petroleum products.
“For me, this is not an embarrassment at all. As a country, we need products, even if all our refineries were functioning.
“Niger Republic produces oil and they are landlocked as a country. They have a refinery that produces in excess of what they require as a country, and they offered to sell to us in Nigeria.
“In the spirit of regional cooperation, regional trade development, we decided to buy from them. I don’t see anything wrong with that.
“Nigerians should be proud that we are encouraging sub-regional trade,” he said.