Oil workers on Monday blamed the rot in the Nigerian National Petroleum Corporation on politicians involved in the management of the country’s petroleum company.
The President of the Petroleum and Natural Gas Senior Staff Association of Nigeria, President, Francis Johnson, at the Addax Petroleum PENGASSAN Branch of triennial delegates’ conference in Abeokuta, said that high level political interference posed a major stumbling block to NNPC’s effective and efficient performance.
Mr. Johnson urged President Muhammadu Buhari to initiate a comprehensive reform process in the oil and gas industry to reverse the situation and ensure the efficiency and effectiveness of NNPC.
This, he said, would make the corporation complete favourably among its peers like the Saudi Aramco of Saudi Arabia, Petronas of Malaysia and Petrobras of Brazil.
The union leader said PENGASSAN’s concern about the Petroleum Industry Bill is the dearth of transparency in the process to get the Bill passed.
He said if the PIB was passed into law, the controversies surrounding the reforms of the sector would not have arisen.
“Some of the challenges confronting the industry would have been resolved if the PIB was passed, as its provisions covered some of the issues raised by the protagonists of the reforms.
“Now, nobody is mentioning the Bill again. The uncertainty surrounding the Bill does not make investors and interest groups comfortable in the industry. The government should let us know what they intend to do about the Bill and the process it will use to fast track its passage into law,” he said.
He expressed optimism that the 8th National Assembly would ensure transparency in the operations of the industry, by making public the content of the Bill and given topmost priority to its passage in view of its importance to the overall stability and growth of the oil and gas Industry.
The PENGASSAN president called for the promotion of transparency and due process as the government plans a new bidding round for the oil blocks in the country, alleging that previous bid exercises were characterised by lots of discrepancies and irregularities.
On the current threat of job cuts by the oil majors globally, Mr. Johnson cautioned the managements of oil companies and the governments not to capitalize on the slump in crude oil prices to rationalize or cut jobs indiscriminately.
He warned that the union would resist the growing redundancy tendency in the industry under the guise of the effects of global drop in oil prices.
Support PREMIUM TIMES' journalism of integrity and credibility
Good journalism costs a lot of money. Yet only good journalism can ensure the possibility of a good society, an accountable democracy, and a transparent government.
For continued free access to the best investigative journalism in the country we ask you to consider making a modest support to this noble endeavour.
By contributing to PREMIUM TIMES, you are helping to sustain a journalism of relevance and ensuring it remains free and available to all.
TEXT AD: To advertise here . Call Willie +2347088095401...