Editorial
Where Are The Private Refineries?
When former President Olusegun Obasanjo’s administration conceded to the idea of establishing private refineries, the objectives were clear: To complement the capacity of the nation’s ailing refineries in ensuring availability of petroleum products.
By so doing, the government was determined to check the problems associated with petroleum products scarcity. It also planned to provide employment for thousands of Nigerians and boost the nation’s depleted foreign reserve. In addition, the proximity of the refineries was to serve as an added advantage to consumers, especially in a deregulated economy.
Consequently, in 2002, 18 firms got government’s preliminary approval and licences to operate private refineries. They include: Akwa Ibom Refining and Petrochemicals, Badagry Petroleum Refinery, Clean Waters Refinery, Ilaje Refineries and Petrochemicals, Niger Delta Refinery and Petrochemicals, NSP Refineries and Oil Services, Ode Aye Refinery and Energy, Sapele Petroleum, Southland Associates, Southwest Refineries and Petrochemicals, Startex Petroleum Refinery, Chasewood Consortium, Tonwei Refinery, Total Support Refineries and Union Atlantic Petroleum.
With the new air of liberalisation in the downstream sector of the petroleum industry, many Nigerians from all walks of life and members of the organised private sector, as well as state governments and their foreign counterparts indicated interest and got the nod to operate private refineries. Even the Federal Government was not left behind in this new wind of change as it expressed desire to establish three new refineries, in addition to the four existing ones to enhance petroleum products supply.
Just recently, the Independent Petroleum Marketers Association of Nigeria (IPMAN) commissioned three Chinese firms to build three refineries in Nigeria with the same objective of shoring up the nation’s petroleum products supply. Justifying members’ conviction, IPMAN’s President, Alhaji Aminu Abdulkadir said the new refineries planned for Port Harcourt, Ore and Lokoja would complement the petroleum demands which have been overstretched by the ever-increasing population.
Indeed, this move by IPMAN and other well-meaning Nigerians to own private refineries shows the people’s desire to end the perennial scarcity of petroleum products constantly threatening various aspects of their lives.
Unfortunately, however, between 2002 and now, the overwhelming publicity accorded the private refineries and the need to boost the nation’s four ailing refineries have not exceeded mere reflections on the pages of newspapers. At best, some companies claimed to have cleared their sites and got ready to mobilise for real construction. The story remained the same for all the firms parading their approvals to operate private refineries.
Yet, Nigerians are still awaiting the first functional private refinery. Sadly, the much we get are reasons why it would be impossible for the refineries to take off. Either the prospective companies are said to lack the fund to prosecute the projects, or government is blamed for constituting hurdles hindering the companies from executing the project.
For instance, after receiving the initial approval to operate refineries, some firms could not access funds from their foreign sponsors which denied them the opportunity to prosecute the contract. Also, government officials were accused of extorting money and making unbearable demands from the firms. Added to this are several other bottlenecks, including power and security challenges. Arguably, some analysts say government subsidy is discouraging to investors even as Federal Government insists that the nation’s energy policy recognises issues of energy, pricing and financing along the entire oil and gas value chain. The bottom line, unfortunately, is that the refineries can not take off.
We regret, however, that the nation is spending enormous resources importing fuel. A whopping sum of $18.5 billion (N2.35 trillion) was reportedly spent on fuel importation between January 2000 and December 2006. Just as we consider this outrageous, it is indeed despicable that some Nigerians and their foreign collaborators are championing the persistent sadistic importation of refined petroleum products for their selfish reasons.
In fact, it is appalling that a recent report indicted some multinational oil firms for threatening to pull out their resources from a financial institution if it went ahead to sponsor private refineries in Nigeria.
But if we may ask: Whose interest are these multinationals protecting? Is it the greater number of Nigerians or their corrupt cronies whose acts of omission or commission over the years impoverished Nigeria and Nigerians?
However, we urge President Goodluck Jonathan to muster the political will to unravel the mystery behind the rot in the nation’s oil and gas sector.
The Federal Government must track down and prosecute those elements sabotaging our national interest, and henceforth check unprecedented leakages and strengthen the value of the naira for Nigeria to realise its potentials and move to the next level. There is no time to play the ostrich. Therefore, concrete plans should be made to process the nation’s crude oil in our local (new and old) refineries.
We believe this would be the first step to checking unending petroleum products scarcity, persistent fuel importation and encouraging establishment of private refineries.
Editorial
WPFD: Nigeria’s Defining Test
Nigeria stands at a critical juncture as the world marked World Press Freedom Day (WPFD) on May 3. This annual observance is a reminder that a free press is central to democratic life, good governance, and public accountability. For Nigeria, it is also a moment for sober reflection on how far the country has come and how far it still has to go in safeguarding the independence of its media.
World Press Freedom Day exists to highlight the fundamental importance of freedom of expression and to honour journalists who risk their lives in pursuit of truth. It underscores the idea that without a free press, societies cannot function transparently, nor can citizens make informed decisions. In countries like Nigeria, where democracy continues to evolve, the observance carries particular urgency.
This year’s theme, “Shaping a Future at Peace: Promoting Press Freedom for Human Rights, Development and Security”, places journalism at the heart of global stability. It emphasises that a peaceful society cannot be built on silence, fear, or manipulated information. Rather, it depends on the free flow of accurate, timely, and independent reporting.
At its core, the theme highlights the role of journalism in fostering accountability, dialogue, and trust. These are not abstract ideals. In Nigeria, where public confidence in institutions is often fragile, the media remains one of the few platforms through which citizens can question authority and demand transparency. When press freedom declines, so too does public trust.
Journalism serves as a foundation for peace, security, and economic recovery. Countries with robust media systems tend to attract greater investment, maintain stronger institutions, and resolve conflicts more effectively. Nigeria’s economic challenges, ranging from inflation to unemployment, require open scrutiny and informed debate, both of which depend on a free press.
However, the issue of information integrity has become increasingly complex in the digital age. Artificial Intelligence (AI) and online platforms have amplified the spread of misinformation and disinformation. In Nigeria, where internet penetration has grown rapidly, false narratives can travel faster than verified facts. This makes the role of credible journalism more vital than ever.
The challenge is not only technological but also ethical. AI-driven manipulation of information threatens to distort public discourse, influence elections, and deepen social divisions. In such an environment, professional journalism must act as a stabilising force, ensuring that truth prevails over sensationalism and propaganda.
Equally troubling is the safety of journalists. Across Nigeria, reporters face growing levels of online harassment, judicial intimidation, and physical threats. Self-censorship is becoming more common, as media practitioners weigh the risks of reporting sensitive issues. This trend undermines the very essence of journalism.
A particularly alarming incident involved a serving minister in the present administration, who openly threatened to shoot a journalist during a televised exchange. Such conduct, broadcast to the public, sends a dangerous signal that hostility towards the press is acceptable. It erodes the norms of democratic engagement and places journalists in harm’s way.
This year’s theme aligns closely with the United Nations Sustainable Development Goal (SDG)16, which promotes peace, justice, and strong institutions. Freedom of expression is a cornerstone of this goal. Without it, institutions weaken, corruption thrives, and justice becomes elusive. Nigeria’s commitment to SDG 16 must therefore include genuine protection for the media.
Historically, the Nigerian press has been a formidable force. From resisting colonial rule to challenging military dictatorships, our journalists have played a central role in shaping the nation’s political landscape. Today, however, that legacy appears to be under strain, as the media operates under what can best be described as a veneer of freedom.
Beneath this facade lies a troubling reality. Journalists are routinely harassed, detained, and prosecuted for performing their constitutional duties. Reports from media watchdogs indicate that dozens of Nigerian journalists face legal threats or arrest each year, often for exposing corruption or criticising those in power.
The Cybercrimes (Prohibition, Prevention, etc.) Act of 2015 has become a focal point of concern. Originally intended to combat cyber threats, it has increasingly been used to silence dissent. Sections 24 and 27(1)(b), in particular, have been invoked to target journalists, bloggers, and social commentators.
Although amendments introduced in February 2024 were meant to safeguard journalists, concerns persist. The law continues to be wielded in ways that stifle investigative reporting and restrict freedom of expression. Legal reforms must go beyond cosmetic changes to address the root causes of misuse.
To safeguard the future of journalism in Nigeria, decisive action is required. The Cybercrimes Act must be revisited to ensure it cannot be weaponised against the press. Law enforcement agencies must operate free from political influence, upholding the rule of law and protecting journalists’ rights. Civil society and international partners must also strengthen independent media through funding, training, and platforms for wider reach.
In this rapidly evolving world shaped by artificial intelligence and digital innovation, Nigeria faces a clear choice. It can either allow press freedom to erode under pressure, or it can champion a truly independent media landscape. The path it chooses will determine not only the future of journalism, but also the strength of its democracy and the peace it seeks to build.
Editorial
FG’s LIN Policy: The Missing Link
Editorial
Domesticate FG’s Exit Benefit Scheme
