Rights group concerned at NNPC sackings


Nigeria National Petroleum Corporation

from AUGUSTINE OSAYANDE in Abuja, Nigeria
ABUJA – THE Transition Monitoring Group (TMG) has condemned the incessant removal of executives of the Nigeria National Petroleum Corporation (NNPC).

The latest casualty is Group Managing Director, Eng. Andrew Yakubu, who became the fourth MD to be sacked in as many years.

“This kind of turnover is alarming for an industry that needs stability and consistency of policy implementation to deliver the gains of the petroleum industry to the Nigerian people,” Ibrahim Zikirullahi, TMG Chairman, stated.

He said complaints abound as to how the Nigerian petroleum industry had been unable to rise to take its rightful place in the international oil market, where state oil giants such as Petrobras of Brazil and other state oil giants were excelling.

Zikirullahi added that NNPC in recent times had been plagued by allegations of monumental corruption.

“In this time of crisis, what Nigerians expect is a comprehensive series of reforms aimed at repositioning the organization, not arbitrary sacks that seem to be motivated more by personal vendetta.”

TMG, a coalition of rights groups, believes the rash of sacks that have plagued the corporation in the last four years show that “something is fundamentally wrong” with the way the NNPC is being managed by the government.

“We make bold to say that it is an anomaly for an organization as strategic as the NNPC to produce four Group Managing Directors (GMDs) in four years.”

The TMG executive wondered how NNPC would realize its long term strategic goals with such disruptions and incessant change of leadership.

“For us at the TMG, this reality is surely not good for the development of the petroleum industry, which has been in the doldrums because of the lack of institutional reforms, as well as the effects of corruption.”

– CAJ News








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Posted by on Aug 6 2014. Filed under Energy, National, News, Oil & Gas. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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