The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has urged the Federal Government to ensure that the Nigerian National Petroleum Company Limited (NNPC Ltd) increases its stake in Dangote Refinery and Petrochemicals from the current 7% to at least 45%.
It stated that this will ensure further energy assurance and security for the citizens.
It also urged the Federal Government to create strategic petroleum product reserves, advising the government to partner with players in the private sector to maintain the already available petroleum product storage in the six geopolitical zones in the country.
According to it, when operational, petroleum products will be stored there and only made available when there is a shortage in supply.
