Post by Henry Emeka (@Emekus)

Where Is the Money? Nigeria earns billions from crude oil, but several factors drain the system:

Importing refined fuel costs far more than exporting crude earns.

Subsidies historically consumed massive government revenue.

Corruption siphons funds meant for infrastructure.

Refinery failures prevent Nigeria from capturing value locally.

Debt and inefficiency in aviation and petroleum agencies worsen financial strain.

https://newsbulletinng.com/aviation-fuel-crisis-pushing-industry-to-breaking-point-warns-naape/

https://blueprint.ng/naape-at-40-struggles-and-triumphs-in-nigerias-aviation-industry/?utm_source=copilot.com

These systemic issues mean wealth from oil does not translate into stable fuel supply.

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