Abuja - The Minister of Petroleum Resources said government was committed to addressing challenges in the oil industry.
Diezani Madueke, the minister, was responding to concerns raised by Responding to some of the issues, the Minister said efforts were being made to explore additional export destinations for Nigerian crude in Asia, the Far East and some African countries.
“Security measures are being taken through collaboration with stakeholders and countries where markets exist for Nigeria’s stolen crude”.
She also said maintenance was ongoing in the Warri, Port Harcourt and Kaduna refineries while some sites were already operational.
She however said Nigeria could not refine its oil locally with the present status.
Nigeria is the continent's biggest crude oil producer.
However, a myriad of challenges characterise the sector and denies government substantial amounts in revenue.
- CAJ News