Opinion
SURE-P, A Misplaced Priority?
For many years, Nigerians have been clamouring for the establishment of additional refineries in the country and the rehabilitation of existing ones to cushion the constant fuel scarcity experienced by the people. Curiously, energy administration, both past and present in the country agree that the building of new refineries is the way out of the perennial fuel scarcity but nothing has been done about it till date.
It is indeed ironical that Nigeria would find itself in this situation. How can a nation known as a major producer of crude oil globally and ranks sixth in the world, suffer from shortage of PMS? The difficulty Nigerians have been subjected to before gaining access to petroleum products is incomparable. This is unacceptable and will no longer be tolerated.
Prior to this time, the existing refineries in the country were able to meet the daily consumption of petroleum products. But as the population grew and demand for petroleum products increased, the need for more refineries became imperative. Sadly, no refineries have been built after former President Shehu Shagari’s regime neither are the existing ones maintained as all the four refineries produce below capacity, hence, the need for the importation of fuel.
The importation of petroleum products especially the PMS has encouraged corrupt practices in the sector. Some oil markets saw loopholes in the operations of the sector and perpetrated unprecedented level of corruption. Nigerians were exploited by these thievery markets. Billions of tax payers’ money was frittered away while the nation bled. Also, some youths have taken to illegal drilling, bursting of petroleum pipelines as well as illegal refining, a development that has cost the nation huge amount of crude oil.
Following the massive looting of the nation’s treasury by some oil marketers, the Federal Government withdrew the subsidy on PMS on the 1st January, 2012. The action of the government sparked off widespread protests. The protests compelled the government to rescind its earlier decision to make a hundred percent withdrawal of the fuel subsidy and pegged the price at N97 per litre. It also promised to utilise the gains it would realise from the marginal increase of the product from N65 to N97 through a programme it tagged Subsidy Reinvestment and Empowerment Programme (SURE –P), headed by an erudite economist, Christopher Kolade. Nigerians were assured that the funds would be used to turn around the existing refineries as well as provide social amenities for the masses.
The Federal Government announced some palliative measures which included buses, roads, jobs etc. which provision has hitherto proved elusive. As characteristic of government promises, all the pronouncements in fulfillment of the provision of SURE-P turned out to be a mirage, a farce.
The questions Nigerians are asking are, what happened to the promises made by the government? Where are the over 150 buses that were designed to ply the various cities of the country? Where are the jobs and social amenities? What has happened to the refineries; have their capacities been enlarged or enhanced? These and many more questions Nigerians should ask the Federal Government.
I am not in doubt that the Federal Government has lost focus in the provision of the amenities it promised Nigerians. What appears to have engaged it is the war against illegal bunkering of oil in the Niger Delta region. Why would people not engage in this nefarious activity when jobs do not exist anywhere? The failure of the Federal Government to build refineries has given rise to the existence of illegal refineries and this may continue so long as the government reneges on promises it makes.
I am of the view that SURE-P has failed if the government cannot point to the projects or provisions of amenities it has accomplished with this funds. I am particularly not happy that one year after the mass protests, nothing has been done in fulfilment of the promises made to cushion the effect of fuel increase from N65 to N97.
I am urging the government to have a re-think and not let the laudable objectives of SURE-P to die. If the programme is reactivated and made to work, it will serve as a robust empowerment mechanism to Nigerians. If SURE-P cannot be made to work, the Federal Government should then give us more refineries to ensure regular supply of PMs in the country.
Ogwuonuonu wrote from Port Harcourt.
Frank Ogwuonuonu
Opinion
Man and Lessons from the Lion
Opinion
Marked-Up Textbooks:A Growing Emergency
Opinion
Humanity and Sun Worship

-
Maritime2 days ago
Minister Tasks Academy On Thorough-Bred Professionals
-
Maritime2 days ago
Customs Cautions On Delayed Clearance, Says Consignees May Lose Cargo
-
Maritime2 days ago
NCS Sensitises Stakeholders On Automated Overtime Cargo Clearance System
-
Maritime2 days ago
Lagos Ready For International Boat Race–LASWA
-
Maritime2 days ago
Shoprite Nigeria Gets New Funding to Boost Growth, Retail Turnaround
-
Politics2 days ago
I Would Have Gotten Third Term If I Wanted – Obasanjo
-
Sports2 days ago
Bournemouth, Newcastle Share Points
-
Sports2 days ago
Iwobi Stars As Fulham Overcome Brentford