FUEL CRISIS SHOWDOWN: NAPS Ultimatum Sparks National Debate as Govt Faces 7-Day Deadline

By Adesakin Adefemi 

The National Association of Polytechnic Students (NAPS) has issued a 7-working-day ultimatum to the Federal Government to address the fuel price hike and prioritize local refining. NAPS President, Comrade Eshiofune Paul Oghayan, condemned the sale of Nigerian crude to local refineries at international benchmark prices, calling it a "paradox that hurts citizens".

NAPS attributes the fuel price hike to global oil market volatility and geopolitical disruptions, but emphasizes that local refineries, including the Dangote Refinery, are still purchasing Nigerian crude at international prices without any domestic pricing advantage. This, they say, is the root cause of the problem.

The Dangote Refinery is only receiving 28% of its crude oil supply from the NNPC, forcing it to source the remaining from international traders at higher rates. NAPS insists that domestic refining should translate to national economic protection and price stability, not just local processing under global pricing pressures.

The Federal Government's suspension of the 15% import tariff on fuel has been questioned by NAPS, saying it sends conflicting signals to investors. The association demands the government reinstate the tariff to protect domestic refining investments and promote energy independence.

As the nation waits with bated breath, NAPS' ultimatum has sparked a national debate on the future of Nigeria's energy sector and the role of local refineries in promoting economic growth. The association's stance has received widespread support, with many calling for policy changes to prioritize local refining and stabilize fuel prices.

The outcome of this ultimatum is being closely watched by Nigerians and investors alike, as it may have significant implications for the country's energy sector and economy. NAPS has warned that failure to act will lead to nationwide civic actions, including strategic demonstrations across key national corridors and government regulatory institutions.

NAPS emphasizes that Nigeria's energy resources must first serve Nigerians, and policies should prioritize national economic stability. The association urges the government to develop a comprehensive energy security strategy to insulate citizens from global oil shocks.

The move by NAPS is seen as a bold step in advocating for the rights of Nigerians and promoting local refining benefits. The association's stance has sparked reactions, with many supporting their demands for policy changes.

As the situation unfolds, Nigerians are advised to stay informed and prepared for possible developments. The outcome of this ultimatum will have far-reaching implications for the country's energy sector and economy.

The ball is now in the Federal Government's court, and Nigerians are waiting to see if the government will act to address the fuel price hike and prioritize local refining.

NAPS' demands include allocating sufficient crude oil to local refineries, establishing a domestic crude pricing framework, and reinstating the 15% import tariff. The association's ultimatum has sparked a national debate on the future of Nigeria's energy sector.

Comments

  1. AnonymousMarch 10, 2026 at 2:08 PM

    Great! Nigeria government should prioritize local refineries and feed them well so that the it's citizens can benefit it in cheap prices.

    ReplyDelete

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