News

Nigeria to legalize illegal oil refineries in Niger Delta

  • Comments   -   Friday, 07 April 2017 - 13:59

(Ecofin Agency) - As part of efforts to bring peace to the Niger Delta region, Nigeria has revealed plans to legalize illegal oil refineries in the state. These refineries, which support tens of thousands of people, are temporary structures processing stolen crude from oil company pipelines. The decision to legalize them is part of the demands made by community leaders during talks with the government.

Under the plan that is being developed, communities would come together working with their respective state governments, the federal government and private sector operators to work out a template for the establishment of modular refineries in the communities,” a statement released by the Vice President, Yemi Oshinbajo (photo), on Thursday reads.

If legalized, this could assist in relaxing tensions in Delta State where attacks by militants on oil installations have reduced since early January after the government initiated peace deals with communities in the region.

We are saying there is a way out of violent agitation, but it is by creating opportunities and the environment where the people in the communities can benefit. The legalized refineries must be structured in a way that works for business, otherwise, it would not last. It is a business proposition first and foremost, it must make sense,” Osinbajo said.

The government in a bid to prevent theft from oil company pipelines, last year shifted its attention to shutting down the illicit refineries. But the security clampdown ended up driving hundreds of young men into the militant groups which have been destroying oil installation.

Anita Fatunji

SELECT a.* FROM #__k2_items AS a WHERE a.published = 1 AND (a.catid IN (1174, 1215, 1175, 1176, 1177, 1178, 1179, 1180, 1181, 1182, 1216, 1183, 1184, 1185, 1186, 1187, 1188, 1189, 1190)) AND a.trash = 0 ORDER BY a.created DESC LIMIT 4
Mining company Roxgold produced in 2017, 126,990oz of gold, above the 115 000-125 000...
Read more |  17 January 2018
Senegal’s national telecoms company (Sonatel) reduced, again, its mobile internet rates. The...
Read more |  17 January 2018
Between February and December 2017, Nigeria has exported 220,000 tons of cashew...
Read more |  17 January 2018
During the present quarter, a special land tribunal will start operating in...
Read more |  17 January 2018
Most Read | 7 days |
1 month |
1 year
SELECT a.* FROM #__k2_items AS a WHERE a.published = 1 AND a.created > '2018-01-11 04:01:13' AND (a.catid IN (1174, 1215, 1175, 1176, 1177, 1178, 1179, 1180, 1181, 1182, 1216, 1183, 1184, 1185, 1186, 1187, 1188, 1189, 1190)) AND a.trash = 0 ORDER BY a.hits DESC, a.created DESC LIMIT 5
SELECT a.* FROM #__k2_items AS a WHERE a.published = 1 AND a.created > '2017-12-19 04:01:13' AND (a.catid IN (1174, 1215, 1175, 1176, 1177, 1178, 1179, 1180, 1181, 1182, 1216, 1183, 1184, 1185, 1186, 1187, 1188, 1189, 1190)) AND a.trash = 0 ORDER BY a.hits DESC, a.created DESC LIMIT 5
SELECT a.* FROM #__k2_items AS a WHERE a.published = 1 AND a.created > '2017-01-18 04:02:04' AND (a.catid IN (1174, 1215, 1175, 1176, 1177, 1178, 1179, 1180, 1181, 1182, 1216, 1183, 1184, 1185, 1186, 1187, 1188, 1189, 1190)) AND a.trash = 0 ORDER BY a.hits DESC, a.created DESC LIMIT 5
SELECT a.* FROM #__k2_items AS a WHERE a.published = 1 AND (a.catid IN (1174, 1215, 1175, 1176, 1177, 1178, 1179, 1180, 1181, 1182, 1216, 1183, 1184, 1185, 1186, 1187, 1188, 1189, 1190)) AND a.trash = 0 ORDER BY a.created DESC LIMIT 4, 4
listofid2=37951,37950,37949,37948,
reference=37951,37950,37949,37948,0
Saudi ACWA Power announced it has adopted SolarCoin, the blockchain-based digital currency....
Read more |  17 January 2018
International tourist arrivals in Africa grew by 8% in 2017, according to...
Read more |  17 January 2018
In 2017, the ICT sector has generated CFA636.3 billion of revenues, thus 5.1% of Senegal’s...
Read more |  17 January 2018
SELECT a.* FROM #__k2_items AS a WHERE a.published = 1 AND (a.catid IN (1174, 1215, 1175, 1176, 1177, 1178, 1179, 1180, 1181, 1182, 1216, 1183, 1184, 1185, 1186, 1187, 1188, 1189, 1190)) AND a.trash = 0 ORDER BY a.created DESC LIMIT 4
Mining company Roxgold produced in 2017, 126,990oz of gold, above the 115 000-125 000...
Read more |  17 January 2018
Senegal’s national telecoms company (Sonatel) reduced, again, its mobile internet rates. The...
Read more |  17 January 2018
Between February and December 2017, Nigeria has exported 220,000 tons of cashew...
Read more |  17 January 2018
During the present quarter, a special land tribunal will start operating in...
Read more |  17 January 2018
Most Read | 7 days |
1 month |
1 year
SELECT a.* FROM #__k2_items AS a WHERE a.published = 1 AND a.created > '2018-01-11 04:01:13' AND (a.catid IN (1174, 1215, 1175, 1176, 1177, 1178, 1179, 1180, 1181, 1182, 1216, 1183, 1184, 1185, 1186, 1187, 1188, 1189, 1190)) AND a.trash = 0 ORDER BY a.hits DESC, a.created DESC LIMIT 5
SELECT a.* FROM #__k2_items AS a WHERE a.published = 1 AND a.created > '2017-12-19 04:01:13' AND (a.catid IN (1174, 1215, 1175, 1176, 1177, 1178, 1179, 1180, 1181, 1182, 1216, 1183, 1184, 1185, 1186, 1187, 1188, 1189, 1190)) AND a.trash = 0 ORDER BY a.hits DESC, a.created DESC LIMIT 5
SELECT a.* FROM #__k2_items AS a WHERE a.published = 1 AND a.created > '2017-01-18 04:02:04' AND (a.catid IN (1174, 1215, 1175, 1176, 1177, 1178, 1179, 1180, 1181, 1182, 1216, 1183, 1184, 1185, 1186, 1187, 1188, 1189, 1190)) AND a.trash = 0 ORDER BY a.hits DESC, a.created DESC LIMIT 5
SELECT a.* FROM #__k2_items AS a WHERE a.published = 1 AND (a.catid IN (1174, 1215, 1175, 1176, 1177, 1178, 1179, 1180, 1181, 1182, 1216, 1183, 1184, 1185, 1186, 1187, 1188, 1189, 1190)) AND a.trash = 0 ORDER BY a.created DESC LIMIT 4, 4
Saudi ACWA Power announced it has adopted SolarCoin, the blockchain-based digital currency....
Read more |  17 January 2018
International tourist arrivals in Africa grew by 8% in 2017, according to...
Read more |  17 January 2018
In 2017, the ICT sector has generated CFA636.3 billion of revenues, thus 5.1% of Senegal’s...
Read more |  17 January 2018

Copyright Agence Ecofin © 2015. All Rights Reserved.