The Africa Energy Chamber (AEC) don advise say Nigeria suppose put more mind for domestic refining to reduce how the country dey suffer from imported petroleum shocks.

According to NJ Ayuk, the Chairman, e talk say refining go help conserve foreign exchange, support naira stability, deepen industrial linkages, and boost regional trade.E talk say Dangote Refinery don already show wetin private investment fit do for sector wey government alone dey run before.But e still get wahala like crude supply, pricing, regulation, product quality, distribution, and competition wey need solve.

Ayuk highlight say Nigeria dey face one serious paradox: na major crude oil producer but dey spend plenty foreign exchange to dey import refined fuel.State-owned refineries no too effective, subsidy schemes dey distort market, and import dependence dey drain forex.

E add say refining no just dey about petrol supply; e fit drive petrochemicals, industrial growth, export earnings, and create skilled jobs if properly managed.Logistics, transparent regulation, competition, storage, pipelines, and connection to industrialisation remain key.Angola example show say deliberate downstream reform dey important.

Nigeria get bigger chance because of population, market size, and private investment, but outcome depend on how government and private sector go execute the whole refining and value chain strategy.If e right, downstream sector fit move country from crude exporter to regional energy hub.