{"id":40437,"date":"2015-07-15T14:45:42","date_gmt":"2015-07-15T13:45:42","guid":{"rendered":"http:\/\/pointblanknews.com\/pbn\/?p=40437"},"modified":"2015-07-15T14:45:42","modified_gmt":"2015-07-15T13:45:42","slug":"buhari-and-nnpc-sad-triumph-of-an-indecent-proposal","status":"publish","type":"post","link":"https:\/\/pointblanknews.com\/pbn\/articles-opinions\/buhari-and-nnpc-sad-triumph-of-an-indecent-proposal\/","title":{"rendered":"Buhari And NNPC: Sad Triumph Of An Indecent Proposal"},"content":{"rendered":"
<\/div>\n
The declaration by the Kaduna state governor, Nasir el-Rufai while speaking in Abuja on Monday July 13th<\/sup> at the 7th<\/sup> Wole Soyinka Centre media Lecture Series, that the \u00e2\u20ac\u0153NNPC must be killed,\u00e2\u20ac\u009d was an unnecessary sensationalism and extremism expressed from a \u00e2\u20ac\u0153patriotic\u00e2\u20ac\u009d heart. Pure and simple!<\/span><\/div>\n
His words: \u00e2\u20ac\u0153The corruption and nonchalance that have hobbled the NNPC are symptoms that its best days are over. We should give it a deserved funeral so that a new institution, active and nimble, can promptly replace it; NNPC\u00e2\u20ac\u2122s subsidiaries and associated companies can be reviewed, restructured and privatised or commercialised as appropriate consistent with national interest and objectives. No one is better qualified to do this than the person that birthed the NNPC through the merger of the NNOC (Nigeria National Oil Company) and the Ministry of Petroleum in 1977 \u00e2\u20ac\u201c President Buhari himself.\u00e2\u20ac\u009d<\/span><\/div>\n
If the present NNPC would kill Nigeria if it is allowed to continue running, why calling for the setting up of another national oil company that is definitely going to be run by the same or another bunch of Nigerians with similar mindset and operational environment as the present NNPC? There is a contradiction there! You do not kill a bad organisation to turn it into a good one. Is it not by identifying what made the original outfit bad in the first instance and then eliminate the traits and\/or structures that helped it achieve the badness? Now, is this process different from what the PIB set to do by unbundling the NNPC? Are we all not swinging on the same fulcrum of the urgent need to pass the PIB whichever version- either the Diezani\u00e2\u20ac\u2122s or Lukman\u00e2\u20ac\u2122s?<\/span><\/div>\n
Our dear President should be told that the answer to the myriads of problems especially of corruption in the nation\u00e2\u20ac\u2122s apex oil concern lies in the signing of the PIB either the Diezani\u00e2\u20ac\u2122s version or the Lukman\u00e2\u20ac\u2122s concept into law even if we need to still panel- beat aspects of whichever of them before signing.<\/span><\/div>\n
Agreed that \u00e2\u20ac\u0153This country can no longer afford to maintain an NNPC that arrogantly, unlawfully and unconstitutionally spends an unhealthy proportion of national oil earnings on itself,\u00e2\u20ac\u009d but we need to tell ourselves the truth that NNPC\u00a0as presently structured undermines\u00a0our national interests\u00a0majorly because of undue interference\u00a0by external forces\u00a0mainly from the Presidency and those around power including the National Assembly and party chieftains on both divides.<\/span><\/div>\n
If we are serious with the idea of a rebirth for a national oil company and still dodge to properly trace and situate the source of the current outfit\u00e2\u20ac\u2122s corruption toga and the attendant inertness to the Presidency, then we are only strolling on a sterile academic adventure and nothing different would ever emerge from such exercise.<\/span><\/div>\n
The NNPC and its ten subsidiaries\u00a0have been subjected to\u00a0undue political interference\u00a0that hindered its autonomy\u00a0for anything near an effective operation and\u00a0competitiveness. On daily basis, operations\u00a0and administration of the corporation\u00a0come under several masters\u00a0and conflicting instructions,\u00a0some of which defy\u00a0the national objectives and\u00a0aspirations for setting up the\u00a0national oil corporation and\u00a0its subsidiaries in the first instance.<\/span><\/div>\n
So the politicians -civilian and military should hide their heads in shame and take the full blame for NNPC\u00e2\u20ac\u2122s corruption and operational deficiencies. Does NNPC have a clear mandate as it is today and was this situation not created by undue\u00a0political interference and\u00a0abuse of policy by the various actors that sat at the Presidency at different times?<\/span><\/div>\n
Any performance rating or assessment of the NNPC would be out rightly bias and grossly incomplete if it does not take due consideration of the negative effects of undue Presidency\u00e2\u20ac\u2122s interference on the activities of the corporation. Even the talked about corruption in the organisation, is it not the people in power who come to managers of the NNPC with all kinds of pieces of papers, \u00a0<\/span>notes and orders on shady deals from \u00e2\u20ac\u0153ogas on top\u00e2\u20ac\u009d? is this not true?<\/span><\/div>\n
Whether anybody wants to heart this or not, the corruption in the NNPC was instituted in the first instance, nurtured and had been sustained by the Presidency and people around power. This is the truth! The people in the NNPC only use the opportunities provided by the people in power to also \u00e2\u20ac\u0153help\u00e2\u20ac\u009d themselves and most times to conscienceless extents. If anybody likes, he\/she can kill NNPC and fabricate angelic outfits, as long as those pieces of papers and notes continue to come from the Office of the President of the Federal Republic of Nigeria to the administrators of the born-againnew national oil company, nothing is going to change. Mark my words!<\/span><\/div>\n
It is on record that NNPC\u00e2\u20ac\u2122s downward slide became alarming under the reign of President Olusegun Obasanjo who opted to run the corporation as a sole administrator.\u00a0 The Obasanjo government short-circuited all existing platforms for decent business transactions in the corporation and technically ran the nation\u00e2\u20ac\u2122s apex oil concern as an extension of Obasanjo Farms. Truth be told, the pathetic state of the NNPC today is a showcase of the Obasanjo\u00e2\u20ac\u2122s legacy in the oil industry. Funso Kupolokun throughout his service as the group managing director was dragging Ghana-must-go loads of documents to the Villa on daily basis for Obasanjo to sign even mere day-day operational and administrative approvals. Is this how to run an outfit you expect to produce results? Abeg make all of una go rest!<\/span><\/div>\n
No doubt that since the NNPC was established to oversee the management and operation of the nation\u00e2\u20ac\u2122s oil industry, the Corporation had not only failed to establish itself as an active oil company in business to make profit, it also failed in establishing administrative structures that is free from government manipulations. And this led to the 100 percent hijack of the day-today decision making muscle of the corporation by Gen Obasanjo under the pretence of correcting the fraud and corruption culture often associated with the organisation.<\/span><\/div>\n
The Obasanjo Presidency took this unholy meddling in the affairs and especially the accounts of the NNPC to a criminal height throughout its eight-year stay in office. The actual and objectively ascertainable consequences of the interferences greatly hindered the effective, smooth and transparent functioning of the corporation as commercial and profit-oriented business conscription. The Yar\u00e2\u20ac\u2122adua presidency did not behave any better either. Then Jonathan and his gang introduced dimensions that were mind-blowing to even Obasanjo. So what are talking about? Is the Buhari presidency and the APC government going to be different? We are yet to see!<\/span><\/span><\/div>\n
Blanket condemnation of the NNPC as inefficient and fraud infested may not be enough in our genuine quest to unravel the demon that has continued to hold the corporation moribund. Every concerned Nigerian should bother to ask where and how the NNPC gets the funds to run its operations including the joint venture obligations. Does the Corporation really have anything like operational budget in the strict sense of the term?<\/span><\/div>\n
To get what we need as an effective commercial and profit-oriented national company now that \u00e2\u20ac\u0153change has come,\u00e2\u20ac\u009d President Buhari should rethink the idea of the remote control of the our oil concern by the Presidency and the president\u00e2\u20ac\u2122s people so that though NNPC will surely die but the killers won\u00e2\u20ac\u2122t be called murderers but reformers. As advised by the Editorial Board Chairman of Vintage Press Ltd., Sam Omatseye, Nigeria, particularly those who find themselves in government need to seek renewed commitment to the rule of law as a strategy towards curbing impunity and corruption in the oil sector. This is the change we desire. God bless Nigeria!<\/span><\/div>\n
IFEANYI IZEZE(SPE;MNMGS) lives is Abuja and can be reached on: iizeze@yahoo.com<\/a>; 234-8033043009)<\/span><\/b><\/div>\n","protected":false},"excerpt":{"rendered":"

The declaration by the Kaduna state governor, Nasir el-Rufai while speaking in Abuja on Monday July 13th at the 7th Wole Soyinka Centre media Lecture Series, that the \u00e2\u20ac\u0153NNPC must…<\/p>\n","protected":false},"author":1,"featured_media":40438,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[7],"tags":[],"class_list":["post-40437","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-articles-opinions"],"yoast_head":"\nBuhari And NNPC: Sad Triumph Of An Indecent Proposal - Pointblank News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/pointblanknews.com\/pbn\/articles-opinions\/buhari-and-nnpc-sad-triumph-of-an-indecent-proposal\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Buhari And NNPC: Sad Triumph Of An Indecent Proposal - 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