PENGASSAN urges new FG to declare emergency in oil, gas sector

Senior staff in the oil and gas sector under the aegis of the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) have called on the in-coming Federal Government to declare a state of emergency in the oil and gas sector to address issues bedevilling it, Vanguard reports.

In a statement, the PENGASSAN President, Comrade Francis Johnson, said that there are many issues which require urgent attention from the in-coming government to reposition the industry for efficient and effective delivery of its benefits to Nigerians.

He listed some of the challenges to include pipeline vandalism, crude oil theft, state of the refineries, intractable and persistent scarcity of petroleum products, subsidy payment controversies, divestment, illegal transfer or allocation of oil blocs, irregular Joint Venture (JV) funding with emphasis on delay in cash call payment, inadequate funding of government agencies in the oil and gas sector and undue interference in the management of government agencies.

 

He noted that there is need for the in-coming government to call an all-inclusive stakeholders’ forum of those involved in operations in the sector to critically examine and proffer  enduring solutions to all the problems in the larger interest of the Nigerian nation.

 

 

 

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