Stressing that the four refineries were “running on a faulty business model,” Johnson argued that solving the TAM is a short-term solution, thus the need to have a holistic solution that is long-term and sustainable.”
Browsing: Petroleum and Natural Gas Senior Staff Association of Nigeria
“The solution is to refine crude locally and end this shame once and for all. The final solution will be to refine this crude, put it in the filing station and say bye to fuel scarcity,” he said.
“I have directed all members of this committee to go back to their constituencies to investigate the problem at the grassroots so that we take approximate measures to address the scarcity.”
“The key issue is a price war. The marketers have made representation to the Federal Government and the Minister of State for Petroleum Resources, Dr. Emmanuel Ibe Kachikwu, to allow price hike of petroleum products and leave the sector to market forces,” the report noted.
…As Minister begs PENGASSAN to shelve planned strike action Oscarline Onwuemenyi 18 December 2017, Sweetcrude, Abuja – One of Nigeria’s…
The association said it is unhappy with the Federal government for not addressing its grievances as regards unfair labour practices by the management of some indigenous oil and gas companies.
Baru said funding had been a major challenge in the rehabilitation of the refineries but was however optimistic that the various options being explored would yield positive results.
“The NNPC Board has no role, I repeat, has no role as far as the contracting process is concerned”, Dr. Baru emphasized.
The intent is to promote the participation of genuine community contractors in oil and gas projects and integration of communities in the industry value chain as part of the strategy to grow the local economy and promote peace and tranquility in the communities.
Baru pledged to partner the NSE in the areas of patronizing engineering companies, consultancy, advocacy and development of standards and codes to promote the Nigerian Content drive.