House of Reps Launches Investigation into Adulterated Petroleum Products, Energy Security Threats

The House of Representatives Joint Petroleum Committees on Midstream and Downstream sectors has initiated a comprehensive investigation into several pressing issues affecting Nigeria’s petroleum industry.

The inquiry will focus on the alleged production and importation of adulterated and substandard petroleum products, the shortage of crude oil for domestic refineries, and broader threats to the nation’s energy security.

The committees aim to scrutinize the quality of petroleum products being produced and imported, amid concerns that substandard fuel has been circulating in the market, posing significant risks to consumers and vehicles.

This investigation comes in response to widespread reports of engine damage and environmental hazards attributed to contaminated fuel.

Additionally, the committees will examine the reasons behind the non-availability of crude oil required by Nigeria’s domestic refineries.

Despite being a major oil producer, Nigeria has faced persistent challenges in refining enough crude oil locally to meet domestic demand, leading to heavy reliance on imports.

The broader scope of the investigation will address the overall energy security of Nigeria. This includes evaluating the policies and practices within the petroleum sector to ensure they align with the nation’s long-term energy needs and security.

Key stakeholders in the petroleum industry, including government agencies, refinery operators, and oil marketers, are expected to be summoned for testimonies. The outcome of this investigation is anticipated to lead to significant reforms aimed at enhancing the integrity of Nigeria’s petroleum supply chain and securing the country’s energy future.

This move by the House of Representatives underscores the government’s commitment to tackling the challenges within the petroleum sector and safeguarding the interests of the Nigerian people.