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Ex-NNPC GMDs Seek Stiffer Sanctions for Crude Oil Theft, Vandalism, Others

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By Chisaa Okoye (Business Reporter)

Former Group Managing Directors (GMDs) of the Nigerian National Petroleum Corporation, now  NNPC Limited, have called for stiffer consequences for crude oil thieves, pipeline vandals andall activities hindering oil and gas exploration and production in Nigeria.
The GMDs noted that any attack on crude oil and gas facilities as well as illegal refining are acts of criminality and economic sabotage that should attract stiffer punishments.
The call was contained in a communiqué issued at the end of the meeting of former NNPC GMDs at the CEO Forum in Abuja, Nigeria at the weekend.
The communique was signed by six former GMDs- Dr Jackson Gaius Obaseki, Chief Chamberlain Oyibo, Mr. Funsho Kupolokun, Mr. Abubakar Lawal Yar’adua, Mr. Austen Oniwon and Mr. Andrew Yakubu. A former Group Executive Director (E&P), Mr. Abiye Membere was a resource person.
 
Oil thieves and pipeline vandals have continued to have a field day in Nigeria, adversely impacting the country’s main source of revenue.
The oil industry chieftains who emphasized the importance of oil to Nigeria’s economic growth and development, expressed optimism that government security agencies “will do the needful and ensure that crude oil theft, illegal refining and activities of pipeline vandals are stopped to allow for investment and growth of Nigeria’s oil and gas sector.”
 
However, they expressed their support for the current NNPCL leadership and commended the progress made in advancing the company’s strategic objectives.
Below is the full communique 
 
Communique Issued at the Conclusion of the Meeting of Former NNPC GMDs at the CEO Forum in Abuja
 

We, the former Group Managing Directors (GMDs) of NNPC, express our unwavering support for the current leadership and their commendable efforts in advancing the company’s strategic objectives across key sectors.

Today, 20th July, 2024, NNPC hosted a CEO Forum attended by the underlisted with the senior management staff. The forum provided insights on NNPC’s transition post PIA, the challenges and opportunities therefrom

We obtained insights into NNPC’s business activities in the context of global energy industry dynamicsstrategicaspirations and operational updates. In particular, oil and gas production growth plan, gas infrastructure project delivery plan, progress on refinery rehabilitation and issues related to petroleum product supply and energy security were discussed.

We commend Mele Kyari as the first Group CEO to implement the PIA, and noted with satisfaction the progress made with hope that its limitations will be addressed over time

We also acknowledge with satisfaction the significant progress made in:

– Increasing crude oil and gas production
– Funding of upstream operations and investments
– Gas supply and infrastructure development for domestic and export including CNG and LPG delivery
– Refineries rehabilitation progress
– Reduction in carbon emissions and commercialisation of Nigeria’s vast gas resources

We expressed our satisfaction in the achievements recorded and encouraged the management team to continue advancing strategies to improve operations, grow portfolio, and managetalent.

We note with satisfaction the continuation of the policy orecruitment which takes into consideration the principles of diversity and inclusion as well as performance based career progression via a transparent process.

We also noted that limited information is in the public domain on NNPC’s operations since transition to a private commercial entity. This has led to misleading commentary which webelieve is not in tandem with the strides achieved by the company.

We empathise with the management team over the state of onshore operations with over seven thousand illegal refineries destroyed and over five thousand illegal connections removed.

We reiterate that any attack on crude oil and gas facilities as well as illegal refining are acts of criminality and economic sabotage. Therefore, all activities hindering oil and gas exploration and production in Nigeria must be sanctioned

We appreciate that the PIA has made provisions for the Host communities’ development and also provided for sustainable funding. We trust that Government Security Agencies will do the needful and ensure that crude oil theft, illegal refining and activities of pipeline vandals are stopped to allow for investment and growth of Nigeria’s oil and gas sector.

We appreciate the support that all tiers of Government and the Nigerian citizens continue to give NNPC and trust that this will be sustained by the present administration of H.E. President Bola Ahmed Tinubu.

Signed

F011D9FF-296B-47E6-B052-499CD33B96F4.pdf
0BFCCC90-2901-420D-8598-C7792274DEA2.pdf

Dr Jackson Gaius Obaseki​​​​Date / Signature

Underlisted:

Chief Chamberlain Oyibo

Dr Jackson Gaius – Obaseki

Engr Funsho Kupolokun

Engr Abubakar Lawal Yar’adua

Engr Austen Oniwon

Engr Andrew Yakubu

Engr Abiye Membere (Fmr GED E&P – Resource Person)

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