Group Managing Director, NNPC, Dr. Emmanuel Kachikwu
The
Africa Network for Environment and Economic Justice has asked the
Federal Government to stop direct crude allocation to the Nigerian
National Petroleum Corporation.
In a statement on Tuesday, ANEEJ
Executive Director, Mr. David Ugolor, said, “We call on the government
to cancel the direct crude allocation to the NNPC.
“According to a report by the Natural
Resource Governance Institute, the NNPC sells 639,983 barrels per day to
unidentifiable companies in a Joint Venture equity oil arrangement that
smacks of mismanagement and lack of accountability.
Formed
nearly 38 years ago, the NNPC has been mired in allegations of
corruption, mismanagement and lack of transparency in its financial
obligations to the Nigerian state.
It added, “If indeed the NNPC must begin
to do things differently, a minister of petroleum can no longer sit on
the board of the NNPC as chairman.”
The group observed that dwindling
fortunes of Nigeria and the mismanagement of oil proceeds underscored
the importance of reorganising the NNPC for optimum efficiency.
On August 4, President Muhammadu Buhari relieved Dr Joseph Dawha of his appointment as the Group Managing Director of the NNPC.
He subsequently appointed former
Executive Vice Chairman and General Counsel of Exxon-Mobil (Africa), Dr
Emmanuel Kachichuwku, as Dawha’s replacement.
ANEEJ also welcomed the appointment of
the new Group Managing Director for the NNPC, saying that the alleged
plan to split the NNPC in two may introduce the much-needed reform that
the oil and gas industry in Nigeria truly needs.
“We also task the new NNPC GMD with
developing a clear revenue collection framework and introducing the
selling of crude to end users rather than to governments and briefcase
companies,” Ugolor said.
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