Opinion
Should Nigeria’s Refineries Be Privatised?
The battle for the sale of the nation’s refineries is on.
While the federal government has disclosed its plan to see the four refineries transferred from the hands of government to the private sector, so as to make them more functional and effective, the Nigeria Labour Congress (NLC) and the oil workers unions say such deal will do the nation and the citizens no good and have vowed to resist any privatissation attempt.
What do generality of Nigerians really want, the sale of the refineries or not. Our Chief Correspondent, Calista Ezeaku and Photographer Dele Obinna, went to town to find out.
Hon Umoghani Aselemi (Businessman). privatising the refineries is not the best for the country. Let us take the privatisation of electricity for example. This is causing more hardship for the people. Since the privatisation of electricity, there is no power anywhere. Every where is dark. Why should they sell the refineries? Why can’t they maintain it? Is it not better for us? If they privatise the refineries it will affect everybody in the country. A lot of people use fuel for their daily business. Many people use fuel for their generators and all that.
Government has told us that privatisation will make petroleum products more available and affordable. The question is how are we sure that will be the case? They have tried this privatisation before and it didn’t work, I don’t know why they are coming up with the idea again.
If the Nigerian Labour Congress decides to go on strike in protest of the privatisation, we the businessmen will join them because we are not happy. You see the issue is not even selling the refineries but they could be sold to the wrong persons who may try to sabotage the system. I always set example with the electricity issues. A lot of companies bid for the electricity company, and eventually electricity was privatised but today, the power situation in the country is worse than what it was prior to the privatisation. I know how much I spend on fuel a day for my generator. So it is affecting us. I don’t where we are heading to. The man at the helm of affair in the country is good. He has good intentions but maybe there are people trying to sabotage his efforts.
So they should not sell the refineries. They should repair them and make them work and employ our people to work there.
Mr Charles Ngwakwe (Management Consultant), I’m of the opinion that selling these refineries will not help the matters because the stakeholders, the government and others are not doing what they are supposed to do concerning it.
By this, I mean they are doing one thing and telling us another thing. You know they are the people controlling all these oil blocks and all what not. So they will buy the refineries if they are privatised and the situation might become worse. I don’t think privatisation of the refineries will be the solution to perennial fuel scarcity and other problems in the oil sector. Look at the privatisation of electricity companies, it has not solved any power problem in the country.
So I will advise that our leaders should go back to the drawing board. If we come out with the real solution to our problems you will see that the country will move forward. They know what they are doing. The solution is let government repair the refineries so they can work at maximum capacity. Giving them to private hands will not solve the problems.
Precious Uita (student) It’s not right to sell the refineries. Things are presently rough for the people and selling the refineries will increase the hardship because of our dependence on the petroleum product for survival. They should repair our refineries and stop taking our crude oil abroad to refine and importing the refined product. It makes no sense. I believe if all our refineries are working, there will be no fuel scarcity and the hardship will be reduced.
Mr Oye Joseph Igbanibo (Educationist). To me I think the privatisation of the refineries is the perfect thing to do. If they privatise these refineries I guess the best brains will be employed there not just those sitting around and getting community chance and all that. They will be sacked and the people that are ready and capable to work will be employed and profit will be maximised, look at the telecommunication sector that was privatised, we are now reaping the benefits like wise so many other companies that have been privalised.
Again, privatisation of the refineries will check the cabals in the oil and gas sector. So for me, I think it is the best thing and if President Jonathan achieves that I will give him kudos.
NLC, NUPENG and what have you are protesting for just their stomach. They are not concerned about the masses. They still want to be in control of the high level of corruption they are into. That’s why they are threatening to go on strike and government says no, if every other system is being corrupt, we don’t want this system to die in corruption. We want it to grow. And I think that’s why government is trying to privatise the refineries. They want the system to grow.
I however, want to advise that the privatisation exercise should be on meri. The companies to buy these refineries should be selected on merit, not who you know or how much bribe you have given to a government official. And after that, there should be a reshuffling of staff in the system. The best should be employed. If there are credible Nigerian companies (though we lack credible Nigerians, if they are credible and they can do the work, they should sell to them. But if foreign companies are the most qualified and credible to buy the refineries, they should go ahead and do so. MTN is a South African Company and it is doing better than NITEL, GLO is a Nigeria Company and it is doing well. So privatisation of the refineries should be open for credible and serious minded businessmen.
Mr Godwin Okwudiri (Environmentalist) In my own opinion, I don’t think it is wise for a nation to sell its own refineries. For me I would have preferred them to properly work on them, make a good turn aroud maintenance so that they can work at full capacity. We have the crude here. We should not privatise our own property afterall when Nigeria had only one refinery which was Port Harcourt refinery, it was carrying the whole country, although our population was not as high as it is now. Today, we have four refineries why can’t we manage them well? I don’t think we are more than 90 million people in the country today, why can’t four refineries serve us? Instead of privatising the existing refineries, why not encourage the politicians that are stealing our money to go into building of private refineries. That will create jobs for the unemployed people in the country. If they privatise the refineries and reduce the workforce, where are we heading to? Whoever is buying the refineries is doing so to make profit and to achieve that he will most likely down-size the workforce and that will throw many people into labour market, thereby increasing the unemployment rate in the country.
For me NLC and oil company workers should go ahead to protest the planned privatisation so that the privatisation exercise will not be realistic because it is going to affect families and our children in future.
Mr Ogundu Godpower (Student) I don’t think the planned privatisation of the refineries is a good idea. The refineries under government control will provide more employment opportunities for student especially those studying Petroleum Engineering. Privatisating the refineries will create more problems for the country like increase in pump prize of petrol, fuel scarcity increased cost of living and others. Students will join NLC in protesting against the privatization because it is for our own good.
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Empowering Youth Through Agriculture
Quote:”While job seeking youths should continuously acquire skills and explore opportunities within their immediate environment as well as in the global space through the use of digital platforms, government, corporate/ multinational organizations or the organised private sector should generate skills and provide the enabling environment for skills acquisition, through adequate funding and resettlement packages that will provide sustainable economic life for beneficiaries”.
The Governor of Rivers State, Sir Siminalayi Fubara, recently urged youths in the Rivers State to take advantage of the vast opportunities available to become employers of labour and contribute meaningfully to the growth and development of the State. Governor Fubara noted that global trends increasingly favour entrepreneurship and innovation, and said that youths in Rivers State must not be left behind in harnessing these opportunities. The Governor, represented by the Secretary to the State Government, Dr Benibo Anabraba, made this known while declaring open the 2026 Job Fair organised by the Rivers State Government in partnership with the Nigeria Employers’ Consultative Association (NECA) in Port Harcourt. The Governor acknowledged the responsibility of government to create jobs for its teeming youth population but noted that it is unrealistic to absorb all job seekers into the civil service.
“As a government, we recognise our duty to provide employment opportunities for our teeming youths. However, we also understand that not all youths can be accommodated within the civil service. This underscores the need to encourage entrepreneurship across diverse sectors and to partner with other stakeholders, including the youths themselves, so they can transition from being job seekers to employers of labour,” he said. It is necessary to State that Governor Fubara has not only stated the obvious but was committed to drive youth entrepreneurship towards their self-reliance and the economic development of the State It is not news that developed economies of the world are skilled driven economies. The private sector also remains the highest employer of labour in private sector driven or capitalist economy though it is also the responsibility of government to create job opportunities for the teeming unemployed youth population in Nigeria which has the highest youth unemployed population in the subSahara Africa.
The lack of job opportunities, caused partly by the Federal Government’s apathy to job creation, the lack of adequate supervision of job opportunities economic programmes, lack of employable skills by many youths in the country have conspired to heighten the attendant challenges of unemployment. The challenges which include, “Japa” syndrome (travelling abroad for greener pastures), that characterises the labour market and poses threat to the nation’s critical sector, especially the health and medical sector; astronomical increase in the crime rate and a loss of interest in education. While job seeking youths should continuously acquire skills and explore opportunities within their immediate environment as well as in the global space through the use of digital platforms, government, corporate/ multinational organizations or the organised private sector should generate skills and provide the enabling environment for skills acquisition, through adequate funding and resettlement packages that will provide sustainable economic life for beneficiaries.
While commending the Rivers State Government led by the People First Governor, Sir Siminilayi Fubara for initiating “various training and capacity-building programmes in areas such as ICT and artificial intelligence, oil and gas, maritime, and the blue economy, among others”, it is note-worthy that the labour market is dynamic and shaped by industry-specific demands, technological advancements, management practices and other emerging factors. So another sector the Federal, State and Local Governments should encourage youths to explore and harness the abounding potentials, in my considered view, is Agriculture. Agriculture remains a veritable solution to hunger, inflation, and food Insecurity that ravages the country. No doubt, the Nigeria’s arable landmass is grossly under-utilised and under-exploited.
In recent times, Nigerians have voiced their concerns about the persistent challenges of hunger, inflation, and the general increase in prices of goods and commodities. These issues not only affect the livelihoods of individuals and families but also pose significant threats to food security and economic stability in the country. The United Nations estimated that more than 25 million people in Nigeria could face food insecurity this year—a 47% increase from the 17 million people already at risk of going hungry, mainly due to ongoing insecurity, protracted conflicts, and rising food prices. An estimated two million children under five are likely to be pushed into acute malnutrition. (Reliefweb ,2023). In response, Nigeria declared a state of emergency on food insecurity, recognizing the urgent need to tackle food shortages, stabilize rising prices, and protect farmers facing violence from armed groups. However, without addressing the insecurity challenges, farmers will continue to struggle to feed their families and boost food production.
In addition, parts of northwest and northeast Nigeria have experienced changes in rainfall patterns making less water available for crop production. These climate change events have resulted in droughts and land degradations; presenting challenges for local communities and leading to significant impact on food security. In light of these daunting challenges, it is imperative to address the intricate interplay between insecurity and agricultural productivity. Nigeria can work toward ensuring food security, reducing poverty, and fostering sustainable economic growth in its vital agricultural sector. In this article, I suggest solutions that could enhance agricultural production and ensure that every state scales its agricultural production to a level where it can cater to 60% of the population.
This is feasible and achievable if government at all levels are intentional driving the development of the agricultural sector which was the major economic mainstay of the Country before the crude oil was struck in commercial quantity and consequently became the nation’s monolithic revenue source. Government should revive the moribund Graduate Farmers Scheme and the Rivers State School-to-Land agricultural programmes to operate concurrently with other skills acquisition and development programmes. There should be a consideration for investment in mechanized farming and arable land allocation. State and local governments should play a pivotal role in promoting mechanized farming and providing arable land for farming in communities. Additionally, allocating arable land enables small holder farmers to expand their operations and contribute to food security at the grassroots level.
Nigeria can unlock the potential of its agricultural sector to address the pressing needs of its population and achieve sustainable development. Policymakers and stakeholders must heed Akande’s recommendations and take decisive action to ensure a food-secure future for all Nigerians.
By: Igbiki Benibo
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