There are about three private exporters of crude who are making a heavy sum from it, and they will always try every possible way to make sure that their earnings remain.
Just like the importers of generators in Nigeria have also discouraged and frustrated the electricity sector, all those people are connected to government through friends and cronies. Those are cabals that only want the self enrichment and not for the good of the country.
Let's watch and see what will happen if the Dangote proposed refinery is concluded and commissioned, and if there will be a little change even though it is a private refinery.
The people in government see it as cash and carry business, no sincerity and that is why most of them have argued that government have no business doing business which is just a fallacy because we have seen other countries government involved in businesses as competition for other private businesses and provided enabling environment for those running capitalist and the socialist are more in control of government businesses.
Nigerian situation is just not understandable, a capitalist system that encourages monopoly. It is appalling the rate of corruption and that pulls down the political will to take political actions and decisions.
Africa is rich in natural resources but the leaders are only rulers who are interested in pride, embezzlement and inhuman tenets for the masses. Particularly in Nigeria, for the records, all the states have a commercial deposit of natural resources but yet the economy is nothing to talk about because of corruption, vote buying and rigging to force unqualified people with no admiring administrative records in power who don't know their left from right and can not take proper and sincere investment decisions to harness these resources . So what do we expect?
Take a look at the natural resources deposit in commercial quantity in states in NigeriaAbia: Gold, Lead/Zinc, Limestone, Oil/Gas & Salt
Abuja: Cassiterite, Clay, Dolomite, Gold, Lead/Zinc, Marble & Tantalite
Adamawa: Bentonite, Gypsium, Kaolin & Magnesite
Akwa Ibom: Clay, Lead/Zinc, Lignite, Limestone, Oil/Gas, Salt & Uranium
Anambra: Clay, Glass-Sand, Gypsium, Iron-ore, Lead/Zinc, Lignite, Limestone, Phosphate & Salt
Bauchi: Gold, Cassiterite (tine ore), Columbite, Gypsium, Wolfram, Coal, Limestone, Lignite, Iron-ore & Clay
Bayelsa: Glay, Gypsium, Lead/Zinc, Lignite, Limestone, Maganese, Oil/Gas & Uranium
Benue: Barite, Clay, Coal, Gemstone, Gypsium, Iron-Ore, Lead/Zinc, Limestone, Marble & Salt
Borno: Bentonite, Clay, Diatomite, Gypsium, Hydro-carbon, Kaolin & Limestone
Delta: Clay, Glass-sand, Gypsium, Iron-ore, Kaolin, Lignite, Marble & Oil/Gas
Ebonyi: Gold, Lead/Zinc & Salt
Edo: Bitumen, Clay Dolomite, Phosphate, Glass-sand, Gold, Gypsium,Iron-ore, Lignite, Limestone, Marble & Oil/Gas
Ekiti: Feldspar, Granite, Kaolin, Syenite & Tatium
Enugu: Coal, Lead/Zinc & Limestone
Gombe: Gemstone & Gypsium
Imo: Gypsium, Lead/Zinc, Lignite, Limestone, Marcasite, Oil/Gas, Phosphate & Salt
Cross River: Barite, Lead/Zinc, Lignite, Limestone, Manganese, Oil/Gas, Salt & Uranium
Jigawa: Butyles
Kaduna: Amethyst, Aqua Marine, Asbestos, Clay, Flosper, Gemstone, Gold, Graphite, Kaolin, Hyanite, Mica, Rock Crystal, Ruby, Sapphire, Sihnite, Superntinite, Tentalime, Topaz & Tourmaline
Kano: Gassiterite, Copper, Gemstone, Glass-sand, Lead/Zinc, Pyrochinre & Tantalite
Kastina: Kaolin, Marble & Salt
Kebbi: Gold
Kogi: Cole, Dolomite, Feldspar, Gypsium, Iron-ore, Kaolin, Marble, Talc & Tantalite
Kwara: Cassiterite, Columbite, Feldspar, Gold, Iron-ore, Marble, Mica & Tantalite
Lagos: Bitumen, Clay & Glass-sand
Nasarawa: Amethyst (Topaz Garnet), Barytex, Barite, Cassirite, Chalcopyrite, Clay, Columbite, Coking Coal, Dolomite/Marble, Feldspar, Galena, Iron-ore, Limstone, Mica, Salt, Sapphire, Talc, Tantalite, Tourmaline Quartz& Zireon
Niger: Gold, Lead/Zinc & Talc
Ogun: Bitumen, Clay, Feldspar, Gemstone, Kaolin, Limestone & Phosphate
Ondo: Bitumen, Clay, Coal, Dimension Stones, Feldspar, Gemstone, Glass-Sand, Granite, Gypsium, Kaolin, Limestone & Oil/Gas
Osun: Columbite, Gold, Granite, Talc, Tantalite & Tourmaline
Oyo: Aqua Marine, Cassiterite, Clay, Dolomite, Gemstone, Gold, Kaolin, Marble, Silimonite, Talc & Tantalite
Pleteau: Barite, Bauxite, Betonite, Bismuth, Cassiterite, Clay, Coal, Emeral, Fluoride, Gemstone, Granite, Iron-ore, Kaolin, Lead/Zinc, Marble, Molybdenite, Phrochlore, Salt, Tantalite/Columbite, Tin & Wolfram
Rivers: Clay, Glass-Sand, Lignite, Marble & Oil/Gas
Sokoto: Clay, Flakes, Gold, Granite, Gypsium, Kaolin, Laterite, Limestone, Phosphate, Potash, Silica Sand & Salt
Taraba: Lead/Zinc
Yobe: Soda Ash & Tintomite
Zamfara: Coal, Cotton & Gold