… As NNPC to generate $600m from Marginal fields– Minister***
The Chief of Naval Staff, Vice-Adm. Awwal Gambo, has vowed to sanction personnel caught sabotaging the nation’s oil and gas assets.
Gambo made this known while addressing officers and ratings during his maiden inspection of facilities at the Nigerian Navy Ship (NNS) Pathfinder, in Port Harcourt on Thursday.
He said that discipline would remain the foundation of military service under his command.
“Under my tenure, I shall monitor your (personnel) activities and evaluate your performance to determine your continued relevance.
“Accordingly, I shall not hesitate to relieve anyone of their appointment without notice if found wanting, and replace them with more competent staff.
“Hence, established policies and measures to sanction personnel that collude with economic saboteurs, drug traffickers and barons, bandits and armed robbers shall be strengthened.
“However, navy personnel that exhibit high integrity and positive attributes that portray the Nigerian Navy in good light shall be rewarded handsomely,” he said.
Gambo said the navy headquarters had already begun expanding and decentralising its administration processes and levels of authorisation to meet with the current security challenges in the country.
He added that efforts were being made to reorganise the navy engineering branch for optimal performance.
According to him, personnel of the engineering branch would obtain requisite training to enable them undertake basic first line maintenance of old and new naval warships and boats.
“The personnel will be trained because I have observed a seemingly lackadaisical attitude amongst our technical officers and ratings, leading to use of vendors to maintain and repair navy platforms.
“The Nigerian Navy’s public image and perception shall be reinvigorated in conjunction with the Defence Headquarters to enhance public perception of the enormous efforts being made by the service,” he said.
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Gambo gave an assurance that his administration would focus on improving the welfare of personnel to enhance their patriotism, productivity, innovation, commitment and dedication in carrying out their duties.
He said the navy would also promote inter-service cooperation as well as partner and engage both local and international maritime stakeholders to secure the nation’s waters.
In the meantime, the Minister of State for Petroleum Resources, Timipre Sylva, says his ministry is expected to generate 600million dollars from its new Marginal Fields.
The minister made the disclosure at the fifth edition of the Special Ministerial Briefings coordinated by the Presidential Communication Team, held at the Presidential Villa, Abuja, on Thursday.
Sylva stated that the process for the acquisition of the marginal fields had been completed and there were 161 winning bids and they had been notified.
“We have started to receive signature bonuses paid by the winners.
“At least from the last account report I got from DPR, almost 50 per cent of the winners have paid. What we are expecting from the whole process is about 600 million dollars.
“And of course, we have also given allowance for people to pay in Naira so you have to pick which currency to pay in – in Naira or dollars.
“So, at this point we cannot give any figure in any currency but just to tell you that payments have been encouraging and they have up to April 20, 2021.
“So there is some time although the jury is still out but we believe that by April we would have got a lot of them to pay,’’ the minister said.
On why the government is investing 1.5 billion dollars on rehabilitation of Port-Harcourt Refinery when at the same time it is talking about privatization and commercialization of the oil and gas industry, the minister said:
“I have always said that our refinery cannot survive with the regime of subsidy; because you cannot be refining at a cost and selling at a subsidized rate.
“Now that constraints will be taken away by deregulation – that is the more reason why we must fix our refineries so that our refineries can now function optimally.’’
The minister maintained that it would be better for government to privatize a functional refinery as it would fetch more revenue for the treasury.
“A functional refinery will definitely fetch more for the government than a non-functional refinery.
“That’s why we feel that we gave to rehabilitate this refinery and then the government will later decide on whether to privatize, whether to commercialize.
“But at this point we want to give Nigerians a functional refinery,’’ he said.
According to him, the government resolved to rehabilitate the refinery based on the recommendations of experts.
