Nigerian Army Resource Centre (NARC) Weekly Subject Experts’ Presentation was held at Hall C, TY Buratai Block, and Abuja. There were two presentations made by the Subject Experts covering Republic of Nigeria and Eastern Europe.
The first presentation was by Brig Gen AK Egwuagu subject expert for Eastern Europe. His presentation focus on how Russian drones, Missiles and Shells target Ukrainian infrastructure, and On 4th November 23 Ukraine reported that Russia had launched dozens of drones attacks and fired shells and missiles against civilian’s infrastructure, Ukraine and her Western partners are worried that Russia could try to replicate her last winter’s strategy by squeezing Ukraine and targeting energy infrastructures as temperature falls, but according to President Zelensky, Ukraine is strengthening her air defence and mobile fire groups to tackle the situation.
In his analysis and Lessons for Nigeria, Gen AK Egwuagu noted that Nigeria forces have been able to deal decisively with the Boko Haram terrorist and others violent groups terrorizing the civil populace and creating fear and insecurity all over the country which must be sustained and Nigeria need to learn from the Russian change of tactics to psychological warfare and ensure all the terrorist and violent groups in the country are completely flushed out and not given the opportunity to adopt another method of disturbing the peaceful coexistence of all Nigerians.
[
Recommended that the federal government of Nigeria and the Ministry of Defence should give the Nigerian Armed Forces and Security Agencies all necessary support towards completely flushing out all the terrorists and violent groups in Nigeria and the Security Operative should secure and protect all public utilities against any plan of terrorist element tampering with such facilities.
The second presentation was by Brig Gen MF Babayo subject expert for Nigeria. His presentation discussed on how President Tinubu drives domestic refining and ends imports, the main economic purpose of refining is to maximize value in the conversion of crude oil to finished petroleum products it add value through the conversion of crude oil and other flows into dozens of co-refined products and also promoted the building of four refineries by the federal government of Nigeria (FGN) for petroleum products refining for both local consumption and exports. However, in the late 1990s, the refining capacities of the refineries started declining resulting in the massive importation of petroleum products to meet the domestic consumption needs of the country.
In his analysis and Lessons for Nigeria, Gen MF Babayo noted that as more countries are discovering crude oil, Nigeria’s crude oil export will gradually drop leaving us with excess crude oil instead of excess crude account and there will be a need for federal government of Nigeria to develop industrial sectors that support or leverage its energy resources and the should encourage in-country refining and development of petrochemical industries in the country rather than exporting huge quantity of crude oil.
He recommended that the federal government Nigeria should expand and present technologies, upgrade in such a way that 40% -50% of Nigeria’s budge will be projected from the revenues generated from petrochemical sectors and also carry out full deregulation that will make it attractive for private investors to build refineries to target meeting Nigeria’s need in the downstream sector.
