Foreign vessels lift 98% of Nigerian crude – Captain - Punch Newspapers

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Foreign vessels lift 98% of Nigerian crude – Captain - Punch Newspapers
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A chartered marine surveyor and ship captain, Anthony Onoharigho, has disclosed that 98 per cent of the crude oil lifted in Nigeria is done by foreign vessels.

“We started our crude marketing with some Asian countries. Iran had about 60 vessels lifting their product some years back and they still do so through cost insurance and freight but we don’t even have a single carrier to transport our crude.

And we have had very educated and enlightened people run the Nigerian National Petroleum Corporation for years. l don’t understand why we hate to see Nigeria grow. Everybody is just concerned about himself and the narrow benefits they get. This is an area that can create huge employment for Nigerian youths and raise our foreign earning power.”

According to him, “The minimum number of people one tanker can take is about 40 to 50. If you employ our youths, I assume they will pay them in hard-currency. “They will come back to this country and use the money to buy things in our market and that will increase our Gross Domestic Product in terms of inflow of currency.”All rights reserved. This material, and other digital content on this website, may not be reproduced, published, broadcast, rewritten or redistributed in whole or in part without prior express written permission from PUNCH.

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