Tag: GMD NNPC

  • Oil swap: Reps caution Kachikwu

    Oil swap: Reps caution Kachikwu

    The House of Representatives has expressed reservation over the capacity of the present managers of the nation’s oil and gas industry to reposition the sector.

    The lawmakers’ position followed the failure of the Minister of State for Petroleum Resources and Group Managing Director (GMD) of the Nigerian National Petroleum Corporation  (NNPC), Ibe Kachikwu to provide satisfactory answers to questions during an ongoing investigation on oil swap arrangement.

    The Minister drew the anger of the Committee following his repeated attempt to evade questions with vague answers on how beneficial was the oil swap arrangement.

    The Committee also asked the Minister to inform it on the extent due process was adhered to during the bidding process, in addition to what might have led to the circumstances that determined the agreements at the time.

    The Committee however lost its patience with the Kachikwu, when he asked his surbodinates not to commit themselves to figures they were not sure about when responding to Committee questions.

    The Minister was reminded that he was on oath and needed to take responsibility, even as he was new on the job, that his posture might not help the Committee in its assignment.

    He was also told that he has the advantage of subordinates at his disposal to assist in furnishing him with necessary information rather than put the Committee on a tight spot.

    Kachikwu, who disclosed that the country has stopped paying subsidy for fuel from paying over N1 trillion in 2015, however insisted that he could only offer what he was sure of, saying “I was invited here without adequate preparation and without notes.

    “There is nothing I have said here that does not show cooperation. Being under oath, I won’t give you what I don’t have facts about, what I expect you to ask from us are documents that we can provide later that will assist this process.”

    He later assured the Committee of his cooperation in the investigation.

    At this point, the Committee reminded him that the invitation letter was explicit about the issue on the table.

    The Committee however mandated the Federal Inland Revenue Service (FIRS) to find out whether a Netherland company, Trafigura Ltd, a non-resident oil trading company complied with Nigeria’s tax laws having lifted 12.5 million metric tons of crude oil in the swap arrangement without paying relevant taxes.

    The Committee was surprised that Nigerian companies that were involved in the same arrangement paid their taxes while a foreign company would prefer to short change the country where it was doing business.

  • Open letter to GMD-NNPC

    Congratulations – accept my belated congratulations, Doctor. That’s what we used to call you back in my Hints magazine days.

    First, let me seize this moment to thank you for the opportunity given to me to serve as a writer and editor of Hints magazine under your watchful eyes (1990 – 1997). Being a writer yourself you easily recognized my talent and allowed me to flourish and express myself.

    Anyone who has had anything to do with you can attest to it that your charm and charisma loom large like the tropical sun; you carry yourself so well that you exude a princely aura. Some could mistake that for arrogance. But I know it is simply a measure of the self-assuredness that comes with success.

    Some keen observers of your odyssey will say you have had a chequered rise from glory to glory, riding on the wings of mother-luck. But I will like to say that the ‘Kachikwu phenomenon’ goes beyond ‘good luck’. It is one firmly rooted in hard work and unwavering pursuit of excellence.

    You always had clear goals and you worked hard to achieve them. Yes, without a doubt, you have also been lucky. But to depend and ride only on ‘good luck’ is a recipe for disaster; if you get my drift.

    The truth be told: it has not always been a smooth sail, Doctor. You have had your own spell of turbulence in life. I guess the period in question resulted from your ability to attempt the ‘impossible’ sometimes. You know what I am talking about. I mean your failed bid to acquire Texaco (having pulled together a consortium of friends.) Your sudden move from being an employee to an employer was a well-orchestrated masterstroke albeit temporarily. Your former colleagues (in Texaco), of course, would have nothing of your emergence as their employer and they never rested until they shot down the deal.

    Those really were trying times, Doctor. That was the only time I saw you really flustered. But you survived it. The big break eventually came and you grabbed it with both hands – the rest, they say, is history. You’ve been unstoppable ever since. In fact, you have now surpassed your dreams and expectations. Well done.

    The point must be made that you are no one to suffer fools lightly. In those days you had no patience for indolence and mediocrity. You pushed us hard. Although we worked under pressure, we enjoyed what we were doing week after week. Do you still have that fire? I suppose you still do, having begun the streamlining of NNPC. I am certain you will take your assignment very seriously if you are still the Ibe Kachikwu that I know.

    Doctor, no doubt, you are already a blessed man – successful in every material particular (permit my use of a cliché.) Therefore I expect you to look away from the benefits of the office for now and dutifully clean up the mess that NNPC has been for decades.

    I pray you do not yield to the temptation of glossing over the opaqueness of NNPC as those without noble intentions would readily do. History beckons you. This is a golden opportunity for you to step out and make the difference in a society where it is so easy for many to mortgage their conscience for the lure of lucre. Are you ready to make history as the man who turned around NNPC? I hope you are.

     

    I remember you, sir, as a stickler for excellence. (Permit my use of another cliché.) Oh yes, you were. You never believed in the limiting power of the word ‘CAN’T’ – to you it can always be done; and more often than not, your resilience paid off. I hope you still have the magic wand – the touchstone for success.

    Now, Doctor, you do have power in your hands – use it wisely with unwavering determination, not minding whose horse is gored. Be fair, firm and focused. They say wine gets better with age. I hope that’s the case with you. Indeed a lot of water has passed under the bridge.

    Parents United Network, an organization I co-founded have been in the vanguard of igniting a national moral rebirth. We believe that unless and until we create a new moral order and leverage on it for the change that we desire, greatness will continue to elude Nigeria.

    We rolled out a 14-part agenda for President Buhari three months ago. In that write up, we made some suggestions on NNPC. I will like to volunteer a few of them to you:

    First, you need to shut out all patronage seekers and praise singers and get down to brass tacks.

    Whatever it takes, dismantle the huge wall of secrecy and lack of transparency in NNPC. It has been the veil behind the perpetuation of pernicious corruption over the years.

    Carry out a comprehensive staff audit with a view to pruning down the workforce to a reasonable size. It is bloated and not sustainable for a viable NNPC. All those retrenched should be promptly paid their entitlements. This will enable them to set up small businesses and possibly become employers of labour themselves.

    Be determined to turn NNPC into a viable enterprise in the class of Petrobras. You can honestly endear yourself to Nigerians by making NNPC a veritable money spinner for the country.

    It is a big shame that NNPC still presides over the importation of fuel. You should work toward putting a stop to this evil which has become a cesspit for corruption. Apart from getting the existing refineries to work optimally, you should encourage massive modular refining. We suggest you enter into partnership with all the 36 states with a view to establishing one modular refinery in each state, to begin with.

    Many before you were just content with maintaining the status quo and feathering their nests. They would rather pander to the secret demands of the powers that be. So they failed before they even started. They had no will to tackle corruption. In time soon they got swept away.

    But things are different now. You are lucky to serve under a no-nonsense, highly principled President who will not bother you with extraneous demands. Besides, you are taking over on the strength of not being a product of the corrupted NNPC system. You cannot afford to fail, Doctor. I want you to know that your success at NNPC will be a thing of joy to us who worked closely with you in the beginning.

    I wish you the very best of times in NNPC.

     

    • Newton, former editor of Hints magazine is a writer and morality advocate based in Lagos
  • Open letter to GMD-NNPC

    |SIR: Your appointment as the new Group Managing Director of the Nigerian National Petroleum Corporation is a good thing to have happened in recent times. In fact, we give kudos to President Muhammadu Buhari to have fixed a square peg in a square hole at the right time. Accept our felicitations sir.

    We have been patiently waiting for this moment as we are hopeful that we are going to, in the long run, find light at the end of our tunnel.

    At this point, we crave your indulgence on a matter that mostly concerns us; this is the recruitment that had started since 2012 and which is presently on hook for a reason we cannot simply fathom.

    It all started in the last quarter of 2012 when an advertisement was placed in the national dailies for entry level and experienced vacancies in the Nigerian National Petroleum Corporation (NNPC).

    In December 2014, an aptitude test for the recruitment exercise was contracted to Phillips Consulting Limited, an organization reputed for unbiased processes and the aptitude test was conducted successfully on December 6, 2014 in some selected states across the federation.

    In February, congratulatory text messages were sent out by Phillips Consulting Limited (PCL) to successful applicants who should await the details of the interview to be sent the following week.

    While waiting and preparing for the interview, subsequent text messages were received by us that due to logistic reasons, the interview is on hold and that mails will be forwarded to us earnestly.

    We have been waiting patiently hoping to receive the invitation mail for the interview which has since not been forthcoming hence this letter.

    We had endured the process for almost three years now and we believe you will use the power of your office to help us to bring the recruitment process to a reasonable conclusion.

    Every positive development in the NNPC creates fresh hope in us; but then there is also the fear that the recruitment might be cancelled. We wish to be part of the changes that have come to the corporation; we wish to contribute our young, vibrant and experienced minds to turn things around in the petroleum power house.

    We will be much appreciative if this long standing issue can be treated as a matter of urgency before our case get swept under the carpet and we become the forgotten ones.

     

    • Agbongbon O.A,

    For NNPC OT/GT/EH Recruitment Hopefuls

  • Buhari sacks Dawha as GMD NNPC

    Buhari sacks Dawha as GMD NNPC

    PRESIDENT Muhammadu Buhari has named Dr. Emmanuel Ibe Kachikwu the Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC).

    Kachikwu, who was until his appointment, the Executive Vice Chairman/General Counsel of ExxonMobil (Africa) replaces Dr. Joseph Thlama Dawha as the NNPC chief.

    According to a statement by Mr. Femi Adesina, the Special Adviser on Media and Publicity to the President, Dr. Kachikwu hails from Onicha-Ugbo in Delta State.

    The statement reads: “He is a First Class Graduate of Law from the University of Nigeria,  Nsukka and the Nigerian Law School.

    “The new NNPC Chief Executive also has Masters and Doctorate Degrees in Law from the Harvard Law School.

    “He started his working career with the Nigerian/American Merchant Bank before moving on to Texaco Nigeria Limited from where he joined ExxonMobil.”

    President Buhari has also approved the appointment of Prof. Umaru Garba Danbatta as the new Executive Vice Chairman and Chief Executive of the Nigerian Communications Commission (NCC).

    Mr. Adesina said in the statement: “Prof. Danbatta, who holds a Doctorate Degree in Electronic Engineering, takes over from Dr. Eugene Juwah, whose tenure expired on July 29, 2015.

    “The new NCC Chief Executive’s other academic qualifications include a Bachelors Degree in Electronic Engineering and Telecommunications as well as a Masters Degree in the same field.

    “He is a Fellow of the Nigerian Society of Engineers and has had a meritorious career in which he rose to become Professor of Electrical Engineering and Electronics at Bayero University, Kano, specialising in Telecommunications Engineering and Information and Communications Technology.

    “Before his new appointment, Prof. Danbatta held top management and leadership positions at different times, including Head of Department, Dean of Faculty, Director, Centre for Information Technology, Chairman of the Nigerian Society of Engineers (Kano Branch), Deputy Vice Chancellor and Acting Vice Chancellor.

    “His appointment as Executive Vice Chairman of the NCC is for five years, in the first instance.”