Royal Times of Nigeria.
  • News
    • Politics
    • World
  • Opinions
    • Editorial Opinion
    • Advertorial
  • Metro
  • Lifestyle
  • Foreign
  • Sports
  • Editorial Policy
TRENDING
Kwara approves use of hijab in schools
Former federal high court Chief Justice is dead
Ooni of Ife, Others Task AbdulRazaq on Grading...
COVID-19 fund: CODE, Oxfam Nigeria tour Kwara, seeks...
Court declines ex-pension boss bail
NDLEA arrested eight suspected drug traffickers in Niger
EndSARS: Gov AbdulRazaq receives panel report, pledges to...
Kwara Govt inaugurates Councils and Boards of Agencies,...
Fayose speaks on 2023 Presidential election
Kidnapped United FC driver regains freedom
University of San Francisco appoints Nigerian provost
Since January 2020 oil prices reach highest level
Parliament passes law to make Google, Facebook pay...
PSM applauds NASS for verifying Bawa as EFCC...
Liverpool goalkeeper father found dead

Royal Times of Nigeria.

Banner
  • News
    • Politics
    • World
  • Opinions
    • Editorial Opinion
    • Advertorial
  • Metro
  • Lifestyle
  • Foreign
  • Sports
  • Editorial Policy
News

Nigeria’s daily oil production needs metering–Senator

written by Taiwo Adediran August 7, 2017
Nigeria’s daily oil production needs metering–Senator
Petrol tankers waiting to load at NNPC depot

A lawmaker, Sen. Stella Oduah, has urged Nigeria National Petroleum Corporation (NNPC) to put adequate metering system in place to enable Nigerians to know the country’s exact daily oil production.

Oduah, who is the Vice Chairman, Senate Committee on Women Affairs said that a metering facility would also ensure leakages in the petroleum industry were blocked.

She expressed displeasure over NNPC’s inability to procure the device to adequately keep inventory of oil production in the country, many decades after it commenced.

According to her, it is shameful that several decades after oil was discovered in the country, it has yet to get a proper metering system.

The lawmaker said, “given the fact that crude is the mainstay of the economy, it is important to get adequate metering system to ensure accountability.

“I think it is a problem we should be ashamed to be discussing because in my view, they are problems that NNPC with all sense of sincerity, can easily resolve.

“I was employed in NNPC in 1983 and I was a member of a committee for commercialisation and reconstruction of NNPC at that time.

“The major issue we discussed, investigated and came up with solution to, was on how to ensure that we have adequate measurement of crude by having metering system in all the terminals.

“But, why is that still an issue to be discussed several years after?

“How do you not put in equipment that will give you accurate measurement of your product and this is the product that forms the basis of our budgeting?

“This is the crux of everything we do in this nation and every year, for the past 30 years and more, we are still talking about measurement as an issue.

“Even if we want to mirror it against any of the oil producing nation like U.S., UAE and others, it is just a simple problem,’’ she said.

Oduah said, “NNPC should be sincere to tell us why they are reluctant, and if not for interest, why will you not want to have proper measuring equipment on your terminals.

“How much are the equipment? For me, it is upsetting.’’

She explained that the equipment would enable Nigerians to know the flow of crude, “the quantity being exported, from which pipeline, where it is being loaded to and the volume loaded’’.

She added that the equipment would help to determine the back-up stock as well as challenges to be attended to, including the switching off of pipelines in the event of vandalism.

The legislator said that everything about tracking daily oil production could be done in NNPC offices by its officials, but that “they have to put in the equipment; they have to have the ICT.

“You cannot blindly stay there and wait for the operators to give you feedback. We do not know what we have because the NNPC and the DPR do not know.’’

On whether passage and assent to the Petroleum Industry Bill (PIB) will tackle the problem, she said that it would go a long way in finding lasting solution not only to the metering problem, but for other challenges.

On the role of the National Assembly in ensuring that the right equipment are put in place, Oduah said that several reports that emanated from the assembly on the matter, indicted the NNPC.

She, however, assured that the 8th Senate would not rest on its oars in making sure that the right thing was done.

She called on the Federal Government to put the refineries in proper shape for adequate production of finished products in the country.

The lawmaker said that Nigeria had all it took to do turnaround maintenance for the refineries while getting value for money rather than exporting crude at cheap rate and importing finished product at exorbitant price.

“We do not get value for money. Nobody does what we do. If we put money together and do turnaround maintenance for the refineries, it will help all of us, and that is what we ought to do.

“The NNPC knows that what they are doing is wrong. We have equipment, we have an experienced workforce. In the 80s and 90s, the refineries were working.

“If one refinery is shut down, the others will be working, but now nobody thinks about rehabilitating those refineries.

“What are you going to do with all those experiences that these people have acquired? We were told then, that we had the best refinery technicians, the best refinery engineers,’’ she said.

On calls by some experts for establishment of modern refineries with better capacities, Oduah said while that was necessary, old ones should be put to use while plans were on for the new ones.

Join our twitter community :

Follow @royaltimesng
0 comment
0
Facebook Twitter Google + Pinterest
Taiwo Adediran

previous post
Vitamin D good for liver, kidney—Medical expert
next post
Oduah advocates Independent candidacy

You may also like

Taliban kill 69 Afghans in multiple attacks

October 18, 2017

Slave trade returns to UK?

August 10, 2017

Fashola To Commission Jandor Foundation’s Liberty Place, Oct...

September 29, 2019

Shi’ites warn public officials to stop stealing public...

November 10, 2018

Troops eliminate 8 terrorists, rescue victims, recover arms...

November 10, 2020

21 Kwara South Students Get Senator Rafiu Ibrahim’s...

August 27, 2018

Dep. Gov heads Gombe Goes Green Steering Committee

December 20, 2019

PDP warns APC to steer clear of opposition...

March 7, 2019

Worgu Boms sworn in to replace Giadom as...

June 22, 2020

We will draw world attention to Biafraland on...

May 19, 2017

Leave a Comment Cancel Reply

Facebook
  • Elon Musk toppled as world richest man, loses $15 billion

    February 23, 2021
  • Davido named among world most influential people by TIME Magazine

    February 18, 2021
  • Why I married Tonto Dikeh’s ex-husband – Rosy Meurer

    February 18, 2021
  • Tessica Brown to donate $20K of Her GoFundMe Money to reconstructive surgery Organization

    February 16, 2021
  • Nigerian gospel singer Sinach releases new single ‘Greatest Lord’

    February 15, 2021
  • Kidnapped United FC driver regains freedom

    February 25, 2021
  • Liverpool goalkeeper father found dead

    February 25, 2021
  • Osimhen rejoins Napoli teammates after head trauma

    February 23, 2021
  • Osaka ends Serena’s 24th Grand Slam quest

    February 18, 2021
  • COVID-19;Bayern’s Pavard tests positive

    February 18, 2021
  • Facebook
  • Twitter
  • News
    • Politics
    • World
  • Opinions
    • Editorial Opinion
    • Advertorial
  • Metro
  • Lifestyle
  • Foreign
  • Sports
  • Editorial Policy

@2017 -Royaltimes of Nigeria. All Right Reserved.