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3 Feb 2019

NUPENG, PENGASSAN React To Buhari’s Flagoff Of Oil Exploration In North

The Nigerian Union of Petroleum and Natural Gas Workers (NUPENG) and Petroleum and Natural Gas Senior Staff Association (PENGASSAN) have expressed satisfaction with the flag-off and official commencement of crude oil search in the Kolmani Well River-II.

The area is located near Barambu, Alkaleri Local Government Area of Bauchi State.

Francis Johnson, PENGASSAN president and Williams Akporeha, NUPENG president in a joint statement on Sunday, said the development showed President Muhammadu Buhari’s commitment to grow Nigeria’s economy, boost capacity and provide energy sufficiency, strengthen Nigeria’s oil and gas industry.

It said the initiative will go a long way in galvanizing the current government’s national drive for job creation, youths empowerment and human capital development.

The statement, however, appealed to the administration to accelerate the final executive assent to the entire Petroleum Industry Bill.

“In this Bill, roles and accountability are better clarified; governance and transparency strengthened and inefficiency, maladministration, corruption and secrecy are accordingly tackled, these are quite important and must be upheld”, it added.

“We further believe that when passed, it would end unnecessary political interference in the sector and optimize value chain in the upstream, midstream and downstream of the petroleum industry, and as well separate the roles of the policy maker from the regulator and from the commercial institutions.

“This historic flag off is without doubt, a full demonstration of Nigerians resilience, doggedness and determination, and the entire productive oil and gas workers are very proud of this great achievement and we promise to keep raising the bar with other committed stakeholders.”

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