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Message: [QUOTE="Nehanda, post: 27871, member: 2262"] The group Conscience of the Nation asked our government on Monday to back more local refineries across the country. They believe added refineries would cut back on foreign fuel needs and create jobs for many people. This simple change might boost our entire economy through direct impacts on everyday costs. More plants like Dangote Refinery stand ready to transform our nation. Local production matters because Nigeria could become one of the biggest oil refining countries by 2025. The Dangote plant makes high-quality gas, diesel, jet fuel, and other products that meet European standards. These products can replace everything we currently buy from other countries. Better local production helps our money stay inside Nigeria instead of going elsewhere. The conscience of the Nation thanked President Bola Tinubu and the regulatory agency NUPRC for making fuel prices drop recently. They pointed out how these lower prices helped regular folks during Ramadan by cutting transportation costs. The price changes made food and basic items cheaper for everyone. Families found it easier to celebrate their religious month without money problems. The NUPRC earned praise for running things fairly and clearly at the upstream level of the oil business. They stuck with market-based pricing between buyers and sellers, just like international standards suggest. This approach helps the whole industry work better without artificial price controls. Their strategy shows they care about proper rules without blocking new business investments. NUPRC planned five main goals for next year to increase oil production by a million barrels. They want better measurement systems, digital paperwork, cheaper production costs, and new licensing rounds. The agency created ways to find what each part of the supply chain needs most. They enforced rules to ensure local refineries receive enough crude oil from Nigerian sources instead of depending on imports. [/QUOTE]

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