SHAMEFUL: Nigeria Has No Crude Oil Production Metering System – Stella Oduah
Senator Stella Oduah has expressed worries over the inability of Nigeria to tell its daily figures in terms of crude oil that it largely depends on for its revenue.
She wants the Nigeria National Petroleum Corporation (NNPC) to put adequate metering system in place to enable Nigerians to know the country’s exact daily oil production.
Oduah, who is the Vice Chairman, Senate Committee on Women Affairs, told reporters in Abuja that a metering facility would also ensure leakages in the petroleum industry were blocked.
She expressed displeasure over NNPC’s inability to procure the device to adequately keep inventory of oil production in the country, many decades after it commenced.
According to her, it is shameful that several decades after oil was discovered in Nigeria, it has yet to get a proper metering system.
The lawmaker said: “Given the fact that crude is the mainstay of the economy, it is important to get adequate metering system to ensure accountability.
“I think it is a problem we should be ashamed to be discussing because in my view, they are problems that NNPC with all sense of sincerity, can easily resolve.
“I was employed in NNPC in 1983 and I was a member of a committee for commercialisation and reconstruction of NNPC at that time.
“The major issue we discussed, investigated and came up with solution to, was on how to ensure that we have adequate measurement of crude by having metering system in all the terminals.
“But, why is that still an issue to be discussed several years after?
“How do you not put in equipment that will give you accurate measurement of your product and this is the product that forms the basis of our budgeting?
“This is the crux of everything we do in this nation and every year, for the past 30 years and more, we are still talking about measurement as an issue.
“Even if we want to mirror it against any of the oil producing nation like U.S., UAE and others, it is just a simple problem”.
Oduah wants NNPC to be sincere and tell Nigerians why it is reluctant in providing proper measuring equipment on its terminals.
“How much are the equipment? For me, it is upsetting," she added.