Minister of State, Petroleum Resources, Mr. Timipre Sylva has assured Nigerians that the protracted petrol scarcity nightmare has been consigned into the dumpster of history while boasting that such an ugly crisis will never repeat itself.
Sylva gave the assurance on Friday in Abuja, at the official presentation of ISO 22301 certification and launch of the Electronic Materials Management Solutions (EMMS) to the National Petroleum Investment Management Services (NAPIMS).
He noted that the recent scarcity imbroglio was a reaction to the Petroleum Industry Act (PIA), adding that it indicated that the Act was indeed a good development.
Sylva, who was represented by Director Human Resources, Dr. Famous Eseduwo, assured that “Nigeria will never experience such kind of petroleum crisis again.
He further commended NAPIMs for its feat in acquiring various certifications in oil and gas solutions.
He said: “I want to assure you that the queues you saw last time will be the last time you will see queues in Nigeria. When you are diagnosed with a problem, and if the right drug is administered, definitely there are going to be reactions. The petroleum queues you saw recently are the reactions of the PIA. And that is to tell you that the PIA is the right Bill for the Nigerian oil and gas industry; and with the capable hands of the GMD and all other supporters, we want to assure Nigerians that things like the petroleum crisis will be a thing of the past as soon as possible.”
Also speaking, the Group General Manager of NAPIMS, Mr. Bala Wunti, the Business Continuity Management Certification will help in ensuring an efficient and effective tracking of inventory in the oil and gas sector, fortifying transparent online bidding for clients as well as adequately managing threats and disruptive incidents.
Earlier in his remarks, the Group Managing Director of the Nigerian National Petroleum Company Limited, Mr. Mele Kyari, reiterated that the national oil company will become a fully Limited Liability firm from July 1, 2022.
He added that from that date, the company will operate in full compliance with the provisions of the Companies and Allied Matters Act of 2020.
According to Kyari, implementing the PIA means that the operations of the NNPC will be run like a private sector enterprise in order to maximize productivity and profitability.
The NNPC boss further decried the activities of bandits in the Niger Delta which he claimed were vandalizing pipelines and stealing crude oil, leading to what he described as the lowest level of production in the history of Nigeria’s oil and gas industry.
He, however, assured that combined efforts were ongoing, especially with the Nigerian Navy, to address the problem.