The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), on Sunday, urged the Federal Government to demonstrate commitment to stimulating local refining of crude oil in 2015.
The General Secretary of the union, Mr Bayo Olowoshile told the News Agency of Nigeria (NAN) in Lagos that only domestic refining would end crises in the oil and gas sector.
The PENGASSAN scribe added that the government should cut the rate of importation of products by 50 per cent.
Olowoshile said that a slice in importations of products would not only stabilise the economy but also create millions of job to unemployed youths in the country.
He said that importation of finished products into the country was a `canker worm’ that had left many Nigerians jobless.
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