NUPENG Charges Buhari On Resuscitation Of NNPC Depots

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