Business
Fuel Scarcity: DPR Sanctions 58 Marketers In Abuja
The Department of Petroleum Resources (DPR) says it has so far sanctioned more than 58 marketers for various offences in Abuja and its environs this year.
The Abuja Zonal Controller of DPR, Mr Aliyu Halidu, made the disclosure recently in Abuja while addressing journalists.
The controller, who did not mention the name of marketers affected, said that 55 of them were sanctioned over sharp practices in the sale of kerosene.
“We have sanctioned over 55 marketers over kerosene and we have told the Petroleum Pipelines and Marketing Company, to charge those sanctioned the commercial value of the products they are supposed to bring to Abuja.
“In addition to the sanction, some of them have been suspended for one year because they are yet to account for how they dispensed the products.
“However, if they are able to account for it, then, we will tell NNPC to charge them the commercial value of the products.
“This is because the products are not supposed to go to where they will be diverted.”
Halidu said that the agency had put on ground a solid surveillance team to monitor the lifting of products from depot to the discharge at various fuel stations in Abuja zone.
He added that the agency monitored the marketers every day to discourage hoarding of products.
“We have the checks and balances to know if the marketers are hoarding or not, and if we catch anyone we report to PPMC.”
Halidu said he did not attribute the scarcity of fuel to the delay in the signing of contracts for importation of petroleum products and illegal bunkering as being said in some media.
Business
Shippers Council Vows Commitment To Security At Nigerian Ports
Business
Nigeria Risks Talents Exodus In Oil And Gas Sector – PENGASSAN
The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) says Nigeria risks massive brain drain in the oil and gas sector due to poor remuneration.
Mr Festus Osifo, President of PENGASSAN, said this while briefing newsmen at the end of the National Executive Council (NEC) meeting of the union on Thursday in Abuja.
He said the sector was facing challenges arising from Naira devaluation and inflation, noting that, oil and gas skills remained globally competitive.
“A drilling engineer in Nigeria does the same job as one in the U.S. or Abu Dhabi,” he said.
Osifo said the union must take steps to bridge the wage gap to prevent members from leaving the country for better opportunities abroad.
“If we don’t act, the brain drain seen in other sectors will be child’s play,” he said.
He said PENGASSAN had recorded significant gains through collective bargaining across oil and gas branches.
“We signed numerous agreements across government agencies, IOCs, service and marketing sectors,” he said.
He said the agreements brought relief to members facing rising costs of living, adding that, the association’s duty is to protect members’ jobs and enhance their pay.
Osifo urged companies delaying salary reviews and those foot-dragging as a result of the prevailing economic realities, to do the needful.
He said the industry employed some of the nation’s best talents, making competitive pay critical to retaining skilled workers.
“This industry recruits the best. Companies must provide the best conditions,” he said.
On insecurity, Osifo urged government to take decisive action against terrorism and kidnappings across the country.
“We are tired of condemnations. government must expose sponsors and protect citizens,” he said.
He urged government at all levels to prioritise tackling insecurity through better funding and equipment for security agencies.
Osifo said PENGASSAN supported calls for state police to improve local security response, adding that decentralising policing will protect citizens better than rhetoric.
He also said economic indicators meant little, if food prices remained high and farmers could not return to farms due to insecurity.
“Nigerians want to see food on the table, not macroeconomic figures,” he said.
He urged government to coordinate fiscal and monetary policies to ensure economic gains reach households.
“Translate macro results to food on the table,” he said.
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