Economy And Business

APC Chieftain Appeals for Measures to Right the Wrongs for Optimum Performance of NNPCL

3 Mins read

By Sa’idu Adamu

Alhaji Yusuf Adam, Borno State Chieftain of the All Progressives Congress (APC).

A prominent Borno State Chieftain of the All Progressives Congress (APC), Alhaji Yusuf Adam, has called on the Federal Government to beam its searchlights on the activities of the Nigeria National Petroleum Company Limited (NNPCL) to address the persistent problem of the Oil and Gas sector.

In a statement he signed and issued to the press on Monday, the former state Secretary of ANPP, observed with sadness the persistent problem of Turn Around Maintenance (TAM) that has continued to defy all logic in the past 30 years.

“Nigeria is blessed with human and natural resources, and oil is no exception. The discovery of oil, popularly referred to as Black Gold, resulted in the relegation of the agricultural sector, which was then the mainstay of the economy.

“This discovery further resulted in the setting up of oil refineries such as the Old and New Port Harcourt Refining Company with a total capacity of 210,000bpd, Warri Refining, and Petrochemical Company with a capacity of 125,000bpd and Kaduna Refining and Petrochemical Company with the capacity of 110,000 bpd,” he said.

Adamu said, “These refineries can process gasoline, diesel, kerosene fuel oil, among others, and they were supported by over 20 depots across the country to ease fuel supply to different parts of Nigeria”.

He, however, observed that the Port Harcourt and Kaduna refineries, which were very strategic in addressing the Oil needs of the populace, could not get the proper and honest attention they deserved despite their years of operations, as there were no strategic plans for their expansion while poor Turn Around Maintenance (TAM) became a major challenge.

According to him, the problem kept expanding and worsened because the TAM was later contracted out to a different company rather than the Japanese firm that earlier built them.

He explained that certain questions have remained unanswered in the crude oil issue, adding that Nigerians are not told what happened to other derivatives of crude oil.

“Why emphasize PMS, AGO, DPK and making the mindset of Nigerians limited to these few products since crude oil has different derivatives which include the following in their various proportions:
Derivatives comprising 50 to 60 percent of crude oil produced Gasoline (Petrol), Diesel Fuel, Jet Fuel, Fuel Oil (Heating Oil), Kerosene, Liquefied Petroleum Gas (LPG) Compressed Natural Gas (CNG) and Liquified Natural Gas (LNG), while Petrochemical Derivatives that was used for Ethylene, Propylene, Butadiene, Benzene, Toluene, Xylene and Styrene were completely unaccounted for.

He further argued that the aspect of Lubricant Derivatives, which about five percent to 10 percent of crude oil that was used as raw material for Motor Oil, Greases, and Transmission Fluid, is likewise not properly accounted for.

Similarly, Adamu who is a retired Oil industry worker, pointed out that Nigerians are mostly not informed of the Industrial Derivatives of crude oil that served as raw material for Solvents, Adhesives, Sealants, Cosmetics, and Pharmaceuticals are not aware of what happened to the Agricultural Derivatives of the crude oil, which were used for Pesticides, Fertilizers, and Herbicides, among several other byproducts of the crude.

“To re-echo the question, let us know what is happening to these other derivatives.

“Why are they not disclosing them despite their economic values to the country’s revenue?
“Where are all these products going to? He queried.

He urged the Tinubu administration to revisit the depots of the NNPCL scattered across the country which have now been taken over by reptiles.

“They should salvage the over 5,000km pipeline as this could reduce cost, haulage, accidents, among others,” he said.

Proactively, according to the political Icon, the truth needs to be told since these are man-made issues that the government ought to know.

“Government cannot know everything; individuals with quality information need to inform the government,” he explained, adding that it is not too late as the situation can be salvaged.

He argued that with the political will and right policies in place, the refineries could be put back to work and function as they did before when Nigeria exported refined oil to Chad, Niger, and Cameroon, among others.

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