Yobe State Governor, Alhaji Ibrahim Gaidam (Left) and the Group Managing Director of NNPC, Maikanti Baru discussing oil exploration in inland basins in Abuja last week.
The National Union of Petroleum and Natural Gas Workers (NUPENG) has charged President Muhammadu Buhari on the resuscitation of 21 petroleum depots of the Nigerian National Petroleum Corporation (NNPC) across the country, even as it charged the president to settle the rift between the Minister of State for Petroleum, Dr. Ibe Kachikwu and NNPC Boss, Maikanti Baru.
In an official statement made available to Shipping Position Daily and signed by NUPENG National President, Igwe Achese and General Secretary, Joseph Ogbebor, the union commended the steps taken so far by the government in the Joint Venture Company (JVC) cash calls to the International Oil Companies (IOCs)
The union noted that this move stabilized the operations in the sector and added that the re-opening of moribund depots which has enhanced products delivery across the country
It however warned that the alleged approved contracts of $US25 Billion without the approval of the board and other issues bordering on insubordination and appointments if not checked, will adversely affect the progress and development so far made in the oil and gas sector. It says that the current allegations must be addressed by the administration as one of its cardinal principle is the promotion of transparency and accountability.
“Our expectation is to see us as a hydrocarbon nation, to stop importation of petroleum products and to make our refineries work optimally so as to boast our foreign exchange earnings. Our NNPC 21 depots should be made to come back on stream and our pipelines secured with new trunk lines built across the country. We believe this can create economic stability and can only be achieved where the Minister of Petroleum, Mr. President, Minister of State, Petroleum Resources and the GMD of NNPC are working in synergy”
“The Union appreciates the steps taken so far in the JVC cash calls to the International Oil Companies (IOC) to stabilize the operations in the sector and the re-opening of moribund depots which has enhanced products delivery across the country”
“The Union advises Mr. President Muhammadu Buhari not to treat the allegations with levity but with utmost good faith because the world is watching and waiting.
It stated that due process must be followed in the discharge of contractual agreements and those involving JVC’s agreements. NUPENG recalled that the challenges facing the NNPC are replete with bad history of mismanagement with that of Mrs. Diezani Alison Madueke still fresh in our minds” it said