The Minister of State for Petroleum Resources (Oil) Senator Heineken Lokpobiri, has cautioned stakeholders in the petroleum downstream sector to address the issue of fraudulent activities by some industry operators, particularly meter adjustments and under-dispensing.
The Minister who gave the charge during a meeting with members of the Major Energies Marketers’ Association of Nigeria, MEMAN, called for continued support towards enhancing sustainable production and ensuring energy accessibility for all Nigerians.
Lokpobiri also commended MEMAN for what he described as their unwavering dedication to driving the downstream petroleum market and serving the interests of Nigerians.
Tweeting the outcome of the meeting in his official X handle, the Minister acknowledged the role played by downstream operators in the nation’s energy landscape and emphasized the importance of continuing collaboration with the administration of President Bola Ahmed Tinubu in his Renewed Hope agenda for the country’s advancement.
He said, “While we acknowledge the importance of the upstream sector for our petroleum industry’s advancement, we must also recognize the downstream sector’s significance and as such, we are ensuring a favorable business environment for the players, having implemented relevant policies for ease of doing business.
“In my call for their continued support towards enhancing sustainable production and ensuring energy accessibility for all Nigerians, I emphasized the importance of addressing fraudulent activities by some industry operators, such as meter adjustments and under-dispensing.
“We must continue to foster equitable opportunities and nurture mutually beneficial partnerships,” the Minister said.
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