The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) has warned that the sudden drop by 42 per cent of the nation’s oil revenue portends dangers, lamenting that it will affect resources meant for development and upgrade of infrastructure
In a statement by its National President, Comrade Igwe Achese, it said the drop was astronomical.
He said: “NUPENG is worried about the sudden drop by 42 per cent of the nation’s oil revenue as it portends dangers as well as will further plummet and affect resources meant for development and upgrading of infrastructure”
“We are more worried at sad commentary that the Federal Government gross revenue dropped by 42 per cent month-on-month to N497billion is as a result of disruption to oil production caused by thieves bursting pipelines.
“The union stresses that its membership is dwindling daily as a result of downsizing by oil companies who are saddled with overhead arising from low oil production occasioned by oil thieves.”
The labour leader who called on the government to muster the political will to address the incessant vandalism of pipelines traversing the nation, insisted that illegal bunkering has defied all solutions, even with the massive deployment of troops to the Niger-Delta.
“NUPENG calls for a change of tactics in order to address these challenges or else these vandals will collapse the nation’s economy, as oil accounts for more than 90 per cent of our earnings.
“ It is a high time government installed modern day sophisticated equipment installed with alarm that can trigger off during any vandalism,” he said.
NUPENG wants a thorough surveillance of the nation’s pipelines through the deployment of helicopter gun-ships to monitor the pipelines, especially in the coastlines.
“The Federal Government should collaborate with the advanced countries on the deployment of the best technology to stem the tide so that the economy does not go comatose,” he said.
The Nigeria Labour Congress (NLC) has described massive stealing of crude oil as a national embarrassment aided by people in authority and their cohorts.
The NLC after its National Executive Council (NEC) meeting in Kaduna State, where it warned that the act if not immediately checked, holds dire consequences for the country.
“It is a national embarrassment that in spite of the assurances given by the government and the deployment of security armada in the Niger Delta region, crude oil theft is on the rise. The immediate effects are drastic reductions in oil production and receipts making it difficult for government to discharge its duties to the citizenry,” the NLC said.
It maintained that top government officials, military officers, businessmen, politicians with their local and foreign collaborators were responsible for crude oil theft.
The NLC also kicked against what it termed a resurgence of casualisation of workers in the public and private sectors across the country. It said the practice induces slave labour, prostitution, psychological trauma and the violation of the rights of the workers, adding that the practice does not in any way stimulate productivity.
The communiqué jointly endorsed by NLC President Comrade Abdulwahed Omar and Acting General Secretary Comrade Chris Uyot condemned the government’s inability to tackle corruption, reduce cost of governance and stem insecurity in the country.
Information from The Nation was used in this report.