A Policy and Regulations Development specialist, TunjiAriyomo, has advised the Nigerian government to seek homegrown solutions to the energy crisis rocking the country.
Ariyomo said the country would achieve rapid economic development should it attain energy sufficiency.
He gave the advise at a Public Lecture organised by the Nigerian Society of Engineers in Akure, last Friday.
He said Nigeria’s energy crisis has worsened with the removal of fuel subsidy by the Federal Government in May, leading to increases in the pump price of petrol.
Ariyomo highlighted four major problems undermining Nigeria’s energy sector, including dependency on oil and gas, inadequate infrastructure, energy poverty, and environmental concerns.
According to him, to end the importation of petroleum products, which, he said, was draining forex and creating job losses, Nigeria needed to build its own refineries based on the technological capacity of Nigerians.
Ariyomo, however, stated that the country has not been able to maintain sophisticated refineries due to lack of capacity saying, “the refineries breakdown always affected us, and our people are simply unable to repair them”.
The expert observed that the USA, China, South Korea, and the UK have functional refineries because they build and operate them with local “knowledge and technical know-how– organic ownership of the technology associated with and incidental to petroleum refineries”.
To build their own refineries, he said, Nigerians must acquire the technical know-how, noting that “our forefathers had commanding control of the technologies with which they refined their palm oil.
“Hence, Nigerians can only fix crude oil refining by acquiring the technical know-how and organic capability to locally fabricate, locally assemble, and locally install all components of refineries leveraging indigenous capability.
“Indeed, once Nigeria and Nigerians own and control the required knowledge, possession of crude oil as a natural gift within its geographical boundary will no longer be an obligatory requirement in the nation’s quest to fix its energy needs and export the surplus. This is what is described as self-sufficiency.
“In simple words, Nigeria must stop seeing imports, or the race to build the biggest refinery procured with technologies controlled by its rivals as the compelling theme of its observations.
“Also, we must stop seeing crude oil itself as the issue here. We must only see it as a means to an end. Knowledge of the sciences behind the processes, competitive and practical application of that knowledge, and the strategic wherewithal to offer the services required to produce the goods and materials needed to drive our economies should be our focus.
“We must deliberately pivot away from a ‘cash and carry’ mindset that has plunged us into a country that is rudderless and unthinking in its approach to solving critical problems”.
Ariyomo also said states should be allowed to generate and distribute power.
“If a country is building a power transmission infrastructure for you, you are its market, especially if you are also doing it with its loan.
“You simply provide needed revenue assurance for its future, with interest. That country would never wish you to learn how to build good refineries, good roads, good power lines, good railways, etc.
“That country would never want you to become self-reliant and begin to build your own refinery, power lines, roads, railways, etc.
“In fact, the country building your road, your refinery, your railway line, or your power infrastructure is actually your strategic enemy. Write that down somewhere. Never forget.
“If we have commanding control of the technical wherewithal to locally fabricate, install, and manage our refining processes, we would automatically have expanded the economic value chain inherent in the entire petroleum product management process.