WHEN REFINERIES BECOME TECHNICAL DINOSAURS IN DIRE NEED OF MODERNITY AND REBOOTING

By AVM (RTD) AKUGBE IYAMU MNSA fsi

Refineries across the world are no charity organisations and NNPC is not a charity enterprise and neither were the Refineries built to exist only as national museums and perfidy. They were built to refine crude oil to serve the nation.

Therefore, pumping billions of dollars into a refinery that produces little or nothing is not smart thinking. The operations of the Refineries clearly showed that countries do not fail for lack of strategy, countries can commit to success but end up falling.

Nigeria 4 Refineries are a classical examples as the world is waking up to the reality that energy security is global security and economic disaster averted does not carry the same weight as a disaster experienced.

The former come with direct and concentrated pain. In the moment of hard economic realities as currently experienced, a leader’s impact should not be abstract, it must shape systems and futures in a way that extends far beyond a stage.

This is because governance is the spotlight and leadership in real life as leadership remains the ability to continue to capture citizens heart with commitment, chemistry and shared dreams.

Consequently, effective leadership always bring good governance to the front during chance economic challenges like the US/Israel/Iran war. The war may have its benefits, it should complement policies and not replace it.

Economic emergencies provides the period for leaders to treat their countries like sanctuary and not a waiting room. It creates the opportunities for leaders to remind their citizens that governance isn’t frivolous but restorative and that

without a choice, some wrong choices bite very hard: consider the conversation to sell the Refineries, subsidy removal and floating of the currency but until you summon the courage to lose sight of the shore, you can never cross the ocean.

According to Transparency International, many countries rich in oil and gas are home to world poorest people. The war has clearly shown that governance is a concentrated conflate of decisions from various sectors in a condensed framework.

In a day, a year worth of conversations, negotiations and ideas are compressed into intense rapid economic growth and development.

The current situation of the global energy sector disruptions reveals how power and influence are exercised through suitable solutions, appointments, trusts and the ability to move seamlessly between policies and the citizens.

Crude oil business is good business, it yields good profits, creates good job and wealth. Because it is lucrative, it is also hotbed of global corruption. Anywhere there is crude oil money, there are high probabilities of graft.

AVM (RTD) AKUGBE IYAMU MNSA fsi

CONSULTANT ON CLIMATE CHANGE AND ANALYST ON ENVIRONMENTAL POLICIES

PRESIDENT ASSOCIATION OF ENVIRONMENTAL PROTECTION AND CLIMATE CHANGE PRACTITIONERS