Since the inception of President Goodluck Ebele Jonathan's administration in 2011, its transformation agenda, which had highlighted a number of key priority policies and programmes upon which to deliver dividends of democracy, can best be articulated on the direct impact they make on the welfare and day-to-day living of the masses. And knowing that Nigerian economy operates largely a mono-product of oil & gas, the success or failure of the sector is capable of making or otherwise of the achievements so far recorded by the administration in other spheres.
In this light, it is important that basic issues relating to the oil and gas sector such as supply and distribution network: made up of pipelines, depots and tank farms, jetties, terminals, etc. are properly managed; and thus far, it has been a laudable story in these areas. Except for the January 2012 fuel price hike which was virulently resisted by Nigerians and occasional warning strikes by labour unions in the sector, Nigerians have witnessed improved petroleum products supply and stable price regime.
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