The Federal Competition and Consumer Protection Commission (FCCPC) has been advised to investigate the importation of a blended crude oil by Matrix Oil, alleging violation of international sanctions on Russian oil.
The Centre for Accountability and Transparency (CAAT) at a News conference in Abuja also called on the National Environmental Standards and Regulations Enforcement Agency (NESREA) to assess the environmental impact of the tainted oil products
The group alleged that imported adulterated petroleum products from Malta, resulting in a $2.8 billion bill for Nigeria in 2023 alone. Dan adds that the company’s actions violate international sanctions on Russian crude oil, which could lead to diplomatic crises for Nigeria.
The convener of the Centre, Okwa Dan claimed action has led to economic sabotage, environmental pollution, and health risks to Nigerians.
The group also alleged that, the oil products imported from Malta by this company are also dirty on the ethical level because it is the product of the violation of international sanctions imposed on Russia to deter it from waging an unjust war on a sovereign nation, Ukraine, which it invaded. It said the sanctions capped the purchase of Russian crude at $60 per barrel but the landing cost claimed by Matrix Energy Limited is confirmation that they are paying higher than the capped price for Russian crude that they blend and refine in Malta.
The center noted that the importation exposes Nigeria to diplomatic crises that could further compound the situation on ground. It added that the company indicted in the importation of the dirty petrol, Matrix Energy Limited, is now using the judiciary to hound media organizations that publish stories of its economic sabotage against Nigeria.
CAAT however urged the Economic Financial Crimes Commission (EFCC) to arrest and prosecute those involved in the alleged economic sabotage.
