The Civil Society Legislative Advocacy Centre (CISLAC), yesterday advocated the need for the top echelon of the Nigerian National Petroleum Corporation (NNPC) to explain to Nigerians why it has continued to stew in rot and mismanagement its creation over four decades ago.
Auwal Ibrahim Musa (Rafsanjani), Executive Director, CISLAC, who expressed this in Lagos, also said the development would also pave way for the public to interrogate them on all that has been going on in the system for long.
Speaking on the current audit report that was released recently by the corporation, Rafsajani maintained that the document showed how much the country has been losing through the operations of the corporation through some very obvious inefficient practices.
He said : Over the years, there had been several reports on activities of the Corporation, including commissioned inquiries, audits and investigations that have stressed transparency and accountability as crucial elements behind the inefficiency and corruption in the Corporation. These are responsible for the hemorrhage on revenue flows and oil production that have earned Nigeria’s oil sector a not-too-favorable reputation both locally and internationally.
“Successive governments and leaderships of the NNPC had come out with several commitments, vows, promises, even policies on how the magic will be done in the operations of the corporation, but till date has been to no avail. All we see is a bad to worse situation both in the structure of the operations and the accountability issues associated with the operations of the corporation”.
He implored the National Assembly to summon the leadership of the Nigerian National Petroleum Corporation to a public hearing on the report, just as he drew the attention of the National assembly to their legislative functions in the nation’s oil and sector.
Lamenting that currently there is no proper law governing the sector, Rafsanjani advised the National Assembly to speed up effort to passing the petroleum Industries Bill immediately to curb all these menaces.
