The Nigerian National Petroleum Corporation (NNPC) exploration and
production subsidiary, Nigerian Petroleum Development Company (NPDC), has lost
N1.5 trillion
to attacks on its facilities from January till date.
Group Managing Director of NNPC, Dr. Maikanti Baru, disclosed this at the
opening ceremony of the 2016 NNPC Security Awareness Week with the theme, “NNPC
Security: A Task for All Stakeholders”, lamented the rising spate of
criminality in the society at large and in the oil and gas industry in
particular leading to loss of much needed revenue.
“At industry level, we are all conversant with the seriousness and
frequency with which national assets in form of pipelines, flow stations, among
others, are vandalised and crude oil and white products stolen with impunity.
“In 2016 (January to date), for example, NPDC alone recorded 59 security
incidents resulting in crude production shut down/deferment and revenue loss of
over N1.5 trillion,” the GMD lamented.
He urged all Nigerians to do everything possible to help protect national
assets, adding that governments at various levels are doing much to fight
criminality and that success can only be achieved when all stakeholders imbibe
the consciousness that security is a task for everyone.
“At corporate level, you are all aware that the first item on my 12 Focus
Areas is security. This is in recognition of the imperative that without
assurances of safety, NNPC, the oil and gas industry, and indeed the country,
cannot achieve appreciable growth to assure citizens of decent and productive
lives,” he stated.
The GMD also used the opportunity to launch the corporation’s Kidnap for
Ransom Policy to raise staff awareness on the need to avoid actions that
predispose them to being kidnapped, especially at a time like this when
kidnapping for ransom has become very rampant.
Baru charged staff to participate actively in the activities of the
Security Awareness Week to imbibe ideas that could help them not only in
personal security but also in the protection of national assets.
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