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Support Buhari to restructure NNPC

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For how long will Nigerians continue to suffer in the hands of a few who plunder our commonwealth. Here we are not refining,spending hard earned forex importing petroluem products thereby creating jobs for other population other countries apart from our countrymen and yet NNPC personnel refuse on restructuring. The minister has stated that there will certainly be no job loss.

The Minister stated that the principle of restructuring approved by the President is that nobody losses work,he said. “I do not have the mandate of the president to create a job loss situation, but to try to ensure that everyone gets busy, unless for reasons of bad staff performance and fraud. There is no mass attempt to let people go.”He said the decision to embark on the restructuring followed an analysis of the number of staff, which revealed that the corporation was over-staffed, and therefore the need for them to be meaningfully engaged.The only way to realize that objective, the minister said, was to create jobs for everybody in the system to him enable have something doing.We don’t want people coming to the office to read newspapers. We want everybody to get busy and earn money. If we do that we will realise that there would be adequate staff to man the different units, and that we don’t really have the problem of over-staff after all,” he said.On the restructuring, he explained that “this took months of work with consultants to flesh that out”, adding, “The principle of our restructuring is that nobody loses work because the environment is just too testy for now to throw people out of work.So nobody is losing his/her job, but people are going to get busy in the respective business units and it is a chance for anybody who wants to progress in his career and prove himself to rise up and get what he/she wants.Similarly, the minister who disclosed that Nigeria was working to end importation of petrol in the next 18 months, said it would cost about $500 million to get the country’s refineries back to full capacity.

Kachikwu said that the plan would be supported by his ongoing discussions with new joint venture partners to build refineries alongside the country’s four existing refineries in Kaduna, Warri and Port Harcourt.

He said it was a shame that the country imports most of its domestic petrol needs, and that by the time the plan comes to fruition, the country should be able to attain self-sufficiency in providing for its domestic fuel needs.The policy on the whole is that we must target a time frame or 12 and 18 months to get out of importation. It is not good for the country, it is not a good image, it does not create jobs and we lose tax when it comes to the government and creates a huge amount of, quite frankly, emotional backlash when people have to queue looking for fuel. He further stated that NNPC has not be unbundled or broken up. It remains the same entity but with different units internally for enhanced efficiency and profitability.

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