Oil & Energy
Stakeholders Want FG To Build More Refineries
Some stakeholders in the oil and gas sector have called on Federal Government to revamp the existing refineries in the country and build new ones to make the petroleum industry more effective and functional.
The stakeholders expressed their view during a random interview conducted by our correspondent recently.
Former chairman of the Petroleum and Natural Gas Workers Union of Nigeria (NUPENG), Port Harcourt Refinery branch, Comrade Alex Agworwor, told The Tide that the existing refineries in the country were not operating at the maximal capacity required to meet the fuel needs of Nigerians.
Comrade Agworwor who is a national official of NUPENG said the poor operational standards of the existing refineries in the country had made Nigeria to depend on the importation of refined products.
“Nigeria is estimated to hold approximately 37 billion barrels of proven oil reserve which is the second biggest in Africa. The country, however imports majority of its domestic refined products due to lack of domestic refining capacity. This doesn’t create a good and promising picture of the country as a major oil producing nation. The Federal government through its relevant agencies should ensure that our refineries are functional, while the building of new ones should be considered “, he said.
In his own views, the Chairman of the Port Harcourt branch of the Independent Petroleum Marketers Association of Nigeria (IPMAN), Comrade Emmanuel Inimgba, also called on the Federal Government to speedy up the revamping of the existing refineries in the country, as well as build new ones to enhance the capacity utilisation and address the deficits recorded as a result of the poor state of the refineries.
He said, “Despite Nigeria’s huge potentials in the oil and gas sector, the country still depends heavily on the importation of refined products for domestic consumption. The Federal Government must make concrete effort to boost the capacity of our refineries to meet up the needs of Nigerians and cut fuel importation.
This will also help us the Independent Marketers to have a liverage to perform effectively.”
Another stakeholder in the oil and gas sector, Comrade Ali Nyorbana, called for active public /private sector collaboration in revamping the Nigeria oil and gas industry.
He commended the chairman of Dangote Group of companies, Alhaji Aliko Dangote for his vision of investing in the oil sector, saying the upcoming Dangate refinery” will double Nigeria’s refining capacity to meet up the increasing demand for fuel as well as create job opportunities for the people “
Taneh Beemene
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Digital Technology Key To Nigeria’s Oil, Gas Future

Experts in the oil and gas industry have said that the adoption of digital technologies would tackle inefficiencies and drive sustainable growth in the energy sector.
With the theme of the symposium as ‘Transforming Energy: The Digital Evolution of Oil and Gas’, he gathering drew top industry players, media leaders, traditional rulers, students, and security officials for a wide-ranging dialogue on the future of Nigeria’s most vital industry.
Chairman of the Petroleum Technology Association of Nigeria (PETAN), Wole Ogunsanya, highlighted the role of digital solutions across exploration, drilling, production, and other oil services.
Represented by the Vice Chairman, Obi Uzu, Ogunsanya noted that Nigeria’s oil production had risen to about 1.7 million barrels per day and was expected to reach two million barrels soon.
Ogunsanya emphasised that increased production would strengthen the naira and fund key infrastructure projects, such as railway networks connecting Lagos to northern, eastern, and southern Nigeria, without excessive borrowing.
He stressed the importance of using oil revenue to sustain national development rather than relying heavily on loans, which undermine financial independence.
Comparing Nigeria to Norway, Ogunsanya explained how the Nordic country had prudently saved and invested oil earnings into education, infrastructure, and long-term development, in contrast to the nation’s monthly revenue distribution system.
Chief Executive Officer (CEO) and Executive Secretary of the Major Energies Marketers Association of Nigeria (MEMAN), Clement Using, represented by the Secretary of the Association, Ms Ogechi Nkwoji, highlighted the urgent need for stakeholders and regulators in the sector to embrace digital technologies.
According to him, digital evolution can boost operational efficiency, reduce costs, enhance safety, and align with sustainability goals.
Isong pointed out that the downstream energy sector forms the backbone of Nigeria’s economy saying “When the downstream system functions well, commerce thrives, hospitals operate, and markets stay open. When it fails, chaos and hardship follow immediately,” he said.
He identified challenges such as price volatility, equipment failures, fuel losses, fraud, and environmental risks, linking them to aging infrastructure, poor record-keeping, and skill gaps.
According to Isong, the solution lies in integrated digital tools such as sensors, automation, analytics, and secure transaction systems to monitor refining, storage, distribution, and retail activities.
He highlighted key technologies including IoT forecourt automation for real-time pump activity and sales tracking, remote pricing and reconciliation systems at retail fuel stations, AI-powered pipeline leak detection, terminal automation for depot operations, digital tank gauging, and predictive maintenance.
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