Thursday, June 28, 2012

Stakeholders set agenda for new NNPC boss

Some stakeholders in the oil and gas industry, on Wednesday, advised the new Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mr Andrew Yakubu, to enthrone transparency and accountability in the industry.
The stakeholders told the News Agency of Nigeria (NAN) in Lagos that cleansing the industry was not enough, saying that some officials of the supervising ministry should be involved.
Mr Afe Mayowa, President of the Nigerian Association of Petroleum Explorationists (NAPE) said that Nigerians were yearning for transparency and accountability in NNPC.
He advised the new helmsman to overhaul the NNPC business module which created room for corrupts practices.
NAPE President urged the NNPC boss to strengthen the corporation’s internal structure in order to restore confidence to the industry.
Mr  Folorunsho Oginni, chairman, Lagos State chapter of PENGASSAN, said that the sack could not be an issue as the president had the right to sack and appoint anybody.
“But the sack should have been across board by including the head of the Ministry of Petroleum which the subsidy probe is centered on,” he said.
Mr Samuel Ibiyemi, the Editor-In-Chief of the NewsDirect newspaper, said that the appointment of the chief excutive of NNPC was in the right direction.
Ibiyemi said the oil and gas industry needed an experienced hand that understood the terrain and the operations of the corporation.
He said that Yakubu’s experience as a former managing director of the Warri Refinery made his appointment elating.
Mr Mike Osatuyi, National Secretary of Independent Petroleum Marketers Association of Nigeria (IPMAN), advised Yakubu to retain the good relationship with the association.

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