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EVALUATION OF PRIVATE REFINERIES AND DEPOTS IN DISTRIBUTION OF PETROLEUM PRODUCTS IN NIGERIA
ABSTRACT
The study evaluates the performance of private refineries and depots in distribution of petroleum products in Nigeria. Ninety (90)
questionnaires were randomly distributed to the selected five major and ten independent privates’ depots while sixty (60) questionnaires
were distributed to the public within Lagos metropolis. The data collected were tabulated and analyzed by using statistical graphs and
charts. The results show that 90% of the public make use of petroleum products in their daily activities while 77% of the respondents
agreed that the establishment of private refineries and depots have improved distribution of petroleum products across the country. 70%
of petroleum products used in Nigeria was imported into the country due to low performance of local refineries while 85% of the
respondents rejected total deregulation of downstream sector without putting the local refineries in good condition. 75% of the
respondents rated the performance of private depots above average while 65% demand for more in order to ensure steady supply and
distribution of petroleum products to the teaming population of Nigeria.
Keywords: Petroleum distribution, petroleum products, private depots, private refinery
EVALUATION OF PRIVATE REFINERIES AND DEPOTS IN DISTRIBUTION OF PETROLEUM PRODUCTS IN NIGERIA
