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Femi Adesina, the Special Adviser to the

President on Media and Publicity, has said that

the country will stop importation and exportation of petroleum products by 2019.

He said that importation and exportation of fuel has a high effect on the lingering fuel crisis because the country does not produce the

product locally and the refineries do not work, which makes room for little hitches in the inflow.

“When you import fuel and do not produce fuel locally or the refineries do not work once in a while fuel scarcity should be expected, as long as you have those variables not under your total

control you can’t rule that outFemi Adesina, the Special Adviser to the

President on Media and Publicity, has said that

the country will stop importation and exportation

of petroleum products by 2019.

He said that importation and exportation of fuel

has a high effect on the lingering fuel crisis

because the country does not produce the

product locally and the refineries do not work,

which makes room for little hitches in the inflow.

“When you import fuel and do not produce fuel

locally or the refineries do not work once in a

while fuel scarcity should be expected, as long

as you have those variables not under your total

control you can’t rule that out.

Mr Adesina made this known while speaking as

a guest on Channels Television’s Sunrise Daily,

where he explained that the Minister of State For

Petroleum Resources, Dr Ibe Kachukwu, has

drawn a timetable leading to 2019, noting that

part of the plan is that Nigeria will stop importing

but exporting.

Concerning the unemployment rate in the country

which the National Bureau of Statics recently

released a data saying that unemployment has

increased in the 3rd quarter of 2017, Mr Adesina

said that there is an increase agricultural sector

especially rice farming, mining and solid

minerals.

He further explained that shortly after the Buhari-

led administration came into power the country

entered into recession and oil prices went down

but within a year the country came out of

recession, he added that as the economy starts

to settle gradually jobs that were lost will be regained.

Mr Adesina made this known while speaking as a guest on Channels Television’s Sunrise Daily where he explained that the Minister of State For

Petroleum Resources, Dr Ibe Kachukwu, has drawn a timetable leading to 2019, noting that part of the plan is that Nigeria will stop importing

but exporting.

Concerning the unemployment rate in the country

which the National Bureau of Statics recently

released a data saying that unemployment has

increased in the 3rd quarter of 2017, Mr Adesina

said that there is an increase agricultural sector

especially rice farming, mining and solid

minerals.

He further explained that shortly after the Buhari-

led administration came into power the country

entered into recession and oil prices went down

but within a year the country came out of

recession, he added that as the economy starts

to settle gradually jobs that were lost will be

regained.