IPMAN: Spread of Tank Farms Killed Refineries
The Chairman, Independent Petroleum Marketers Association (IPMAN), Rivers State, Dr Joseph Obele, has said that the problem of refineries that led to their collapse was the spread of tank farms in many parts of the country.
Speaking live on Radio (93.7 Rhythm) programme, obele also identified bureaucracy as among the problem that led to the collapse of refineries in the country.
He said, “We have about six factors that have contributed to the deplorable state of Nigeria’s refineries. One is bureaucracy and bottleneck. Two is the national cake syndrome.
“If you are the managing director today, there is this syndrome that it is our thing; we have to consume ours.
“Three is the aggressive competition by private tank farms. I want to speak to us that the collapse of Nigeria’s refineries can be traced to the commencement or the history or the day the private tank farms started”.
He also added that among the problem was incompetence on the part of the management of the Nigeria National Petroleum Corporation.
He also identified political and ethnic interference as among the problem.
Speaking live on Radio (93.7 Rhythm) programme, obele also identified bureaucracy as among the problem that led to the collapse of refineries in the country.
He said, “We have about six factors that have contributed to the deplorable state of Nigeria’s refineries. One is bureaucracy and bottleneck. Two is the national cake syndrome.
“If you are the managing director today, there is this syndrome that it is our thing; we have to consume ours.
“Three is the aggressive competition by private tank farms. I want to speak to us that the collapse of Nigeria’s refineries can be traced to the commencement or the history or the day the private tank farms started”.
He also added that among the problem was incompetence on the part of the management of the Nigeria National Petroleum Corporation.
He also identified political and ethnic interference as among the problem.
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