A former Secretary of National Democratic Coalition, NADECO and Convener of Coalition of Democrats for Electoral Reforms, Mr. Ayo Opadokun said it is shameful that Nigeria, which is one of the largest global producers of crude oil, still imports petrol for domestic consumption.
He also blamed the sole ownership of fuel tanks built by independent marketers for fuel scarcity across the country.
“I was part of the Nigeria Labour Congress team that did sufficient research. We went to Libya, Egypt, Saudi Arabia, United Arab Emirates and Venezuela to find out how much it costs to explore one barrel of crude oil. Nigeria’s own is the most costly in the world and then, what are they doing now?