Van­dal­ism threat­en­ing budget – Baru

Daily Trust - - NEWS - By Ron­ald Mu­tum

The Group Man­ag­ing Di­rec­tor (GMD) of the Nige­rian Na­tional Petroleum Cor­po­ra­tion (NNPC), Maikanti Baru, says the 2016 na­tional budget plan had been grossly af­fected by renewed mil­i­tancy in the Niger Delta re­gion.

Baru spoke yes­ter­day dur­ing a visit to the Chief of De­fence Staff (CDS) Gen­eral Gabriel Olonisakin at the De­fence Head­quar­ters in Abuja.

He said the 2016 na­tional budget plan was pegged on 2.2 mil­lion bar­rels per day of crude oil pro­duc­tion, but that renewed mil­i­tancy which tam­pers with about 700,000 bar­rels of crude oil per day had af­fected the plan.

He noted that crit­i­cal na­tional as­sets in the oil and gas sec­tor had be­come tar­gets of in­ces­sant van­dal­ism, theft and sab­o­tage, in­clud­ing about 8,000 kilo­me­ters of pipe line as­sets close to pro­duc­tion of petroleum prod­ucts and nat­u­ral gas.

He added that over 20,000 kilo­me­ters of flow lines and other smaller pipe­lines across the coun­try had also been af­fected, caus­ing an es­ti­mated drop of about 50 per­cent of do­mes­tic na­tional gas line sup­ply to power.

Baru lamented the kid­nap of NNPC per­son­nel in their ar­eas of op­er­a­tion, the high cost of op­er­a­tion, re­fin­ery shut down, fuel scarcity and large scale en­vi­ron­men­tal degra­da­tion due to ac­tiv­i­ties of mil­i­tants.

He re­quested that the mil­i­tary fa­cil­i­tate de­ploy­ment of its per­son­nel NNPC op­er­a­tional fa­cil­i­ties and pro­vide sup­port to cor­po­rate and strate­gic busi­ness units of the NNPC re­quir­ing se­cu­rity pres­ence to op­er­ate.

In his re­marks, the Chief of De­fence Staff (CDS) Gen­eral Gabriel Olonisakin said the mil­i­tary was still work­ing to fine-tune a re­port by the Pipe­line Se­cu­rity Com­mit­tee. to

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