Opinion
For Stability In The Oil Sector
It may not be wrong to say that petroleum products, which the good Lord freely endowed us with, has become a curse and a source of misery to the country. Whereas citizens of other climes where the black gold is found, bask in unlimited benefits and have fostered development in their countries, Nigeria has never had it easy since oil was found in 1957 in Oloibiri, Bayelsa State.
Ordinarily, any one would think that wherever oil is found, petroleum products such as fuel, kerosene, diesel etc should be sold at affordable prices. This is not the case with us as Nigeria is one of the major oil producers in the world. Because of their unaffordability by the common Nigerians, past governments at a time decided to subsidise the products to enable all Nigerians gain access to them.
However, following the huge economic burden petroleum subsidy placed on the nation’s economy, it had to be reviewed by preceding administrations. Since then, almost every administration in the country has tampered with the subsidy regime.
But the complete withdrawal of subsidy in January 2012 by the Jonathan’s administration, would have consigned the fuel subsidy to history, just as the nationwide demonstrations strikes and lootings in some cases that followed the withdrawal, would have spelt doom for the country. A timely retreat by the government however, saved the situation. Eventually, a litre of PMS was pegged at N97.
Besides the issue of subsidy withdrawal which always pitches Nigerians and labour against government, there is also the problem of incessant strike action by workers in the industry. Government’s unstable policies in the sector as well as weak leadership have combined to cause NUPENG and PENGASSAN, the two leading workers’ unions in the oil industry to embark on strike at the slightest provocation either by government or the public.
Oil workers once declared a strike action in Abuja as a result of government’s failure to pay marketers for fuel importation. The argument of the oil workers was that since government had failed to pay marketers, they in turn were unable to pay their workers.
That strike action by oil workers in Abuja gradually assumed a national dimension. Many States experienced scarcity of petroleum products. The hardship caused by the strike was inexplicable. Nigerians would naturally cash on the situations of this nature to cause hardship and exploitation.
But the question on the lips of many Nigerians is, when shall we see an end to the crises in the oil sector? When will Nigerians enjoy their God-given resources? After the partial removal of subsidy in January, many thought it would usher stability and a reliable regime in that sector. But this is not the case as one crisis comes after the other.
Nigerians are yet to be told the reason for the current fuel scarcity which appears to be pervasive. Nigerias only live on spaculations as to the cause of the scarcity. The account that runs like a common denominator is the refusal of Nigeria National Petroleum Corporation (NNPC), to load trucks at the depot. Nigerians have not been told the reason for the refusal.
It is time the Federal Government put its acts together and bring sanity to the restive sector. The nation cannot afford too many crises in the industry, since such development has negative impact on the nation’s economy. Every scarcity of the product brings Nigerians closer to poverty.
The government must reach greater understanding with PENGASSAN and NUPENG to avert unnecessary strike action. The nation expects sanity to prevail in the oil sector. We have to prove that oil is a blessing, not a curse.
Ogwuonuonu writes from Port Harcourt.
Frank Ogwuonuonu
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