Eliminating fuel subsidies prior to rectifying refineries is an error – SAN

In order to lessen Nigeria’s current economic suffering, a Senior Advocate of Nigeria named Paul Obi has emphasized the necessity of revitalizing the nation’s public refineries.

Oil and gas lawyer Obi said that before enacting the oil deregulation policy, the Federal Government had to have turned on at least one or two public refineries. This, in his opinion, would have mitigated the negative economic effects that Nigerians are currently experiencing.

During an interview with newsmen after receiving the SAN title in an Abuja event alongside eighty-six other individuals, the lawyer expressed his opinions.

“Deregulate is a good idea because it will free up funds for the government and encourage healthy competition in the industry,” stated Obi. However, vital infrastructure ought to have been operational, like as the Port Harcourt refinery. In order to lessen Nigeria’s current economic suffering, a Senior Advocate of Nigeria named Paul Obi has emphasized the necessity of revitalizing the nation’s public refineries.

According to Obi, a lawyer specializing in oil and gas, the Federal Government ought to have turned on one or two public refineries prior to enacting the oil deregulation policy. This, in his opinion, would have mitigated the negative economic effects of the policy.

Although the private sector’s establishment of the Dangote Refinery was a good thing, he pointed out that the industry would have been stabilized more if public refineries had been in operation.

The degree of economic suffering that Nigerians are currently facing would not exist if Dangote’s refinery coexisted with one or two state refineries. Obi emphasized that these refineries ought to have been in operation prior to the implementation of deregulation.

He applauded the government’s efforts to alleviate pressure on the foreign exchange market by supporting the Dangote Refinery by providing crude in naira.

Speaking about judicial reforms, Obi voiced hope for the new Supreme Court regulations, saying they will help Nigerians receive justice more quickly.

He emphasized the importance of the top court’s bench having all 21 Justices for the first time in a long time, claiming this would lessen the backlog of cases.

From 2013 to 2023, two of my appeals were stalled at the Supreme Court. Considering that our bench is currently filled, that shouldn’t occur again. I wholeheartedly endorse the reform that the new regulations will ensure is that justice is served promptly,” he said.

After 34 years of practicing law, Obi talked about his first experience getting to the SAN rank.

In order to avoid the difficulties of repeatedly applying, he counseled prospective attorneys to carefully follow the application instructions.

I made sure I was technically qualified and had all of my cases in order before applying once, and I was successful. Given that numerous attorneys have attempted as many as seven times, I didn’t want to go through the procedure again.

I made sure I was technically qualified and had all of my cases in order before applying once, and I was successful. Many lawyers have tried up to seven times without success, so I didn’t want to go through the process again,” he stated.

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