Petrol Challenges:- Nigerian Student Comes Up With Solution To Fuel Shortage
Nigerian petroleum engineer Chinedu Onyeizu has developed a policy and
technology-based solution to the country's fuel crisis.
According to Vanguard, Onyeizu, who is currently a postgraduate
student at the Massachusetts Institute of Technology (MIT), said that
the strategy would require unbundling the downstream sector into 3
strategic modes namely: Downstream-Upstream node, Downstream-Midstream
node, and Downstream-Downstream node.
The three-node approach, according to him, is policy-based and would
require critical enablers, which include "locating new refineries at
operational bases of producing companies; collaborating with
International oil companies and indigenous producers to operate the
refineries while NNPC (Nigerian National Petroleum Corporation)
positions itself as a non-operating partner with oversight functions
(and) provides 100 per cent funding for the construction of these
refineries…"
The technology component is the user-friendly mobile application
'Petrol-Solve 1.3', which will provide "real time monitoring of fuel
volumes and for product distribution network management from the point
of vessel loading to end point –filling stations," reported the Daily
Trust.
Onyeizu said that using this strategy he could solve in 12 months the
long-time fuel scarcity problems that have been confronting Nigeria.
He would like to have an audience with Nigerian President Muhammadu
Buhari and the Minister of State for Petroleum Resource Ibe Kachikwu
to further discuss his proposal.
technology-based solution to the country's fuel crisis.
According to Vanguard, Onyeizu, who is currently a postgraduate
student at the Massachusetts Institute of Technology (MIT), said that
the strategy would require unbundling the downstream sector into 3
strategic modes namely: Downstream-Upstream node, Downstream-Midstream
node, and Downstream-Downstream node.
The three-node approach, according to him, is policy-based and would
require critical enablers, which include "locating new refineries at
operational bases of producing companies; collaborating with
International oil companies and indigenous producers to operate the
refineries while NNPC (Nigerian National Petroleum Corporation)
positions itself as a non-operating partner with oversight functions
(and) provides 100 per cent funding for the construction of these
refineries…"
The technology component is the user-friendly mobile application
'Petrol-Solve 1.3', which will provide "real time monitoring of fuel
volumes and for product distribution network management from the point
of vessel loading to end point –filling stations," reported the Daily
Trust.
Onyeizu said that using this strategy he could solve in 12 months the
long-time fuel scarcity problems that have been confronting Nigeria.
He would like to have an audience with Nigerian President Muhammadu
Buhari and the Minister of State for Petroleum Resource Ibe Kachikwu
to further discuss his proposal.
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