• 2 months ago

Visit our website:
http://www.france24.com

Like us on Facebook:
https://www.facebook.com/FRANCE24.English

Follow us on Twitter:
https://twitter.com/France24_en
Transcript
00:00After several decades, Nigeria has once again returned to refining its petrol locally.
00:06Although Nigeria is Africa's largest crude oil exporter, it has been importing its petrol
00:12because the four government-owned refineries are not functioning.
00:16Now the privately owned Ndangute refinery, the largest single-train refinery in the world,
00:22has come to supply the Nigerian market with petrol. Nigeria's reliance on imported petrol
00:28has caused frequent scarcity of the product, leading to long queues of motorists at pump
00:34stations. Even when available, the imported petrol can be very expensive, selling beyond what many
00:42Nigerians can afford. The price of petrol has of recent gone so high that government workers in
00:48some states have been asked to walk from home. This is to reduce the hardship they face with
00:54transportation. In Edo state, the resumption of schools has been postponed indefinitely
01:01due to the high price of petrol. Nigerians hope that supply from the Ndangute refinery
01:07will solve the protracted problem of petrol scarcity. They also hope that the price of
01:13the product will come down. But in a country where vested interest frustrated the government-owned
01:20refineries from operating so that the lucrative business of imported petrol can thrive,
01:26some Nigerians say the Ndangute refinery must be mindful of these interest groups
01:32if it must succeed, where four government-owned refineries failed.

Recommended