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Sunday 26 October 2014

Petrol Will Sell Below N97 If We Are Licensed, Illegal Refinery Operators

Chief Titi Governor, an operator of an illegal refinery in Nigeria has called for the legalizing of the operation, insisting that this will end oil theft, generate employment and boost the economy.

In an interview with Vanguard, Governor said he invented the electric refining oven which can refine over 50, 000 litres of products in one trip. He insisted that illegal refining cannot be stopped by the destruction of illegal refineries but the process can be improved upon.

“We have many sources where we get crude. We get from anywhere. Getting the crude is not difficult. We know that it is from illegal source but it is our area where the crude is being extracted and we know the method of getting it.

“The business is a very profitable one; I can pay staff even better than Chevron and Shell Petroleum Development Company, SPDC, if given licence to operate. We will create jobs and can stop sea pirates as a lot of youths will be gainfully engaged in the refining business. I believe strongly that kidnapping, prostitution and armed robbery will also become a thing of the past." (if illegal refineries are granted licenses)

"Our business has the ability to engage both skilled and unskilled persons, no one will risk his life when there is genuine means of livelihood. We pay per drum refined and it is daily payment. Before the destruction, we made good money.

“We can meet the regulatory standard if our operation is licenced. And if government approves our operation, we can stop importation of refined products, grow the economy as we will have all the required professionals too.

"It is a win-win situation, the standard will even be higher because we will have power and encouragement to improve on the refining method we have adopted. We assure the price of petrol will be reduced from the present N97 per litre and there will never be fuel scarcity in the country. We will even grow the economy faster as we will begin to export refined products.

"We don’t collaborate with the military in our activities, they obstruct our operation. We are fishermen and God gave us this technology, so government should see reason and support us; it is like our own way of farming." he said.

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Source: Vanguard

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