SAN FRANCISCO, April 17, (THEWILL) – The Senate has called on the Nigerian National Petroleum Corporation (NNPC) to restructure its operations in order to ensure transparency.
THEWILL recalls that the NNPC, last week, announced the retirement of three officials over the controversy surrounding the missing 130 million litres of fuel.
But the Senate, in a statement by Aliyu Sabi Abdullahi, its spokesman, asked the NNPC to go beyond sacking of the officials indicated in the issue.
“The senate is appalled that NNPC is not contemplating on doing something about the involvement of officials of the Petroleum Products Marketing Company (PPMC) which actually played key roles in the missing products case,” he said.
“It is instructive that NNPC did not do anything on the case until the matter was raised on the floor of the senate and the press picked the matter up from the motion.
“The unauthorised sale of 132 million litres of fuel kept in the storage tanks of MRS and Capital Oil designated as strategic reserves is a grave occurrence.
“This probably is not the first time it is happening and NNPC must review its operations. It should in fact carry out a shake up in the PPMC.
“NNPC should initiate a comprehensive restructuring of its operations which presently allow officials and other firms to appropriate national resources for their personal use, thereby contributing to the suffering of the people.”
