NUPENG suggests way forward for petroleum industry
The group called on President Muhammadu Buhari to be cautious of the “racketeers and cabals” whom they said have taken over the sector.
National Chairman of IMB, Ogbodo Thompson stated this in Benin City shortly after he and other members of the executive committee were returned unopposed at the third quadrennial delegates conference of the union.
“There must be total reforms in the oil and gas sector. You know that in a place where a kind of syndicate operate or cabals operate, it will be difficult or it will take a longer time for such to be investigated
“We have to identify who these syndicates are and until such persons are identified, not much can be realised and we cannot move forward. I will advise that the current administration do a thorough investigation and carryout a reform in the NNPC,this I believe will help us as a nation.
“With his stake, I believe our pipelines will work; subsidy or no subsidy, private depots or no private depots, I just pray that they don’t lure him into the racket and if they don’t lure him into the racket, he will give a better leadership,” he said
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