1 month ago
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The Nigerian National Petroleum Company Limited (NNPCL), Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) and different stakeholders successful the Petroleum manufacture person declared that they are not portion of the alleged economical sabotage successful the sector.
This is arsenic Dangote Refinery perceived to beryllium astatine loggerheads with NNPCL connected seamless operations stated that 60% of its crude lipid is provided for by NNPCL.
Denial of alleged economical sabotage was publically made by the Minister of State, Petroleum, Senator Heineken Lokpobiri, the Group Chief Executive Officer of NNPCL, Mallam Mele Kyari and the Chief Executive Officer of NMDPRA, Engineer Farouk Ahmed during presentations earlier Senate Ad hoc Committee investigating alleged economical sabotage successful the Petroleum Industry.
Specifically, the Minister of State for Petroleum successful his remarks astatine the interactive session, said a batch of misinformation has been churned retired to the nationalist connected roles being played by his Ministry and different agencies successful making it inclusive for funny investors.
The planned nationalist proceeding by the Committee, according to him, would spend Nigerians to cognize the information connected the happenings successful the sector.
“Please bash america a favour by televising the planned investigative proceeding connected the alleged economical sabotage successful the Petroleum Industry live,” helium said.
In his ain remarks, the Group Chief Executive Officer of NNPCL, Mele Kyari said the Company owned by implicit 200million Nigerians should beryllium counted retired of immoderate enactment of sabotage.
“We are faithful, loyal and committed to the greatness of this country. We are not criminals, thieves oregon saboteurs arsenic being alleged done incorrect narratives.
“NNPCL nether our absorption and by operational guidelines oregon applicable provisions of PIA, CAMA, etc, is contiguous a nett making institution aft astir 43 years of losses.
“Today from 1.4million barrels it was, months back, accumulation level has accrued to 1.65million barrels per time and volition soon deed the expected 2million barrels per day.
“There is thing for NNPCL to sabotage due to the fact that we are retired to maximize worth and profits for the country. We are not against immoderate home refinery due to the fact that the laws are wide arsenic acold arsenic processes and procedures are concerned.
“As requested by the Hon Minister of State for Petroleum, the planned nationalist proceeding connected alleged sabotage successful the sector, should beryllium televised live, for Nigerians to cognize the information of situations connected ground,” helium said.
Similarly, the Chief Executive Officer of NMDPRA, Engr Farouk Ahmed successful his little remarks said the planned nationalist proceeding should beryllium televised unrecorded for Nigerians to cognize those indulging successful the alleged economical sabotage successful the sector.
“A batch of antagonistic stories and narratives person been written and published against america successful NMDPRA connected however we are carrying retired our regulatory functions without america telling our ain story.
“Gratifyingly, the planned nationalist proceeding volition springiness america the due level of laying our facts bare to Nigerians for them to cognize who is sabotaging who.
“The probe should beryllium nationalist and televised live”, helium stressed.
In his presentation, the Group Chief Strategy Officer of Dangote Refinery, Aliyu Sulaiman said retired of the 5million crude lipid they got successful caller time, NNPCL gave them 60%, 20% imported and 20% purchased.
He commended the NNPCL for making the immense proviso to Dangote, but added that the refinery is simply a babe that should beryllium supported by each applicable stakeholders to turn and not die.
However successful his presentation, a subtle onslaught was made against Dangote by the National Chairman of Depot and Petroleum Marketers Association of Nigeria (DAPMAN) Abdulkabir Adisa Aliyu who said Dangote declared N133billion nett connected sweetener income successful Nigeria wrong the past six months.
He said specified a feat was made imaginable for Dangote for allowing him to monopolize the sweetener concern successful Nigeria.
The Petroleum sector, helium added, should not beryllium allowed to beryllium monopolized by immoderate idiosyncratic oregon company, saying, “monopoly kills business.”
Similarly, the National President of Independent Petroleum Marketers Association of Nigeria (IPMAN), Alhaji Abubakar Shettima successful his presumption admonished the committee against monopoly successful the petroleum sector.
“The existent worth concatenation successful the downstream should beryllium sustained to let different investors to participate.
“NNPCL is doing its champion but should delight amended connected proviso of products to retail outlets crossed the state to extremity the incessant queue astatine filling stations”, helium said.
In his opening remarks, the Chairman of the Ad hoc Committee, Senator Micheal Opeyemi Bamidele (APC Ekiti Central), said the committee was not retired to witch-hunt anybody oregon radical of persons but to unravel identities of those sabotaging the petroleum sector.
He specifically mentioned the alleged importation of hazardous petroleum products and substandard diesel into Nigeria arising from non functionality of government-owned refineries successful Nigeria .
“In 2021, specifically, the Federal Executive Council approved $1.5 cardinal for the turn-around attraction of the Port Harcourt Refinery. Yet, this concern has not yielded important returns.
“For us, successful the Senate, we believe, it is unfair and unpatriotic to dainty authorities businesses oregon nationalist corporations arsenic an orphan portion backstage businesses are flourishing and thriving”, helium said.
The committee has fixed the nationalist proceeding for September 10 to 12, 2024 on with their counterparts from the House of Representatives.
Count america retired of economical sabotage – NNPCL, NMDPRA, others archer Senate
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