, 4 tweets, 1 min read Read on Twitter
When NNPC is sold

It means govt removes its hand from anything oil

It now goes to private people who will do the lifting/sale.

With our refineries not working we will continue to import refined products.
Turn around time for a new refinery is at least 4 years

The new buyers of NNPC will be trying to recoup investment

Which will be selling products at market rates.
So if fuel jumps to 300 naira

The NLC or DPR cant do anything cos you cant tell a private company how to sell their product

Remember the DSTV argument

So we will have to keep this energy with the new owners of NNPC
The ripple effect of high fuel prices are plenty

Inflation across board cos we have an economy that is literally connected to petrol

So pls ehn lets sell NNPC ☺
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