NIGERIANS IN BIG TRUBLE.

NIGERIAN GOVERNMENT GOES TO WAR

WITH HER CITIZENRY

The Federal Government yesterday said the nation’s oil and gas industry was in a bad shape, performing far below expectations, hence its resolve to go ahead with the reform of the industry despite protests and criticisms in some quarters.
Minister of State for Petroleum, Mr. Odein Ajumogobia, who spoke at the opening ceremony of the Nigerian Association of Petroleum Explorationists (NAPE) conference in Abuja, told operators that the industry was ‘sleeping’. He listed dearth of infrastructure and shut down of production plants as a result of the crisis in the Niger Delta, as core problems plaguing the industry.

“Our industry is sleeping indeed,” Ajumogobia said. “And the reasons include the following: security issues in the area of operation, Niger Delta; decline in production; ageing infrastructure; insufficient funding; long project saturation plan and lack of sustainable and effective framework to ensure the development of the host communities.”

The Federal Government on Monday said the nation’s oil and gas industry was in a bad shape, performing far below expectations, hence its resolve to go ahead with the reform of the industry despite protests and criticisms in some quarters.
Minister of State for Petroleum, Mr. Odein Ajumogobia, who spoke at the opening ceremony of the Nigerian Association of Petroleum Explorationists (NAPE) conference in Abuja, told operators that the industry was ‘sleeping’. He listed dearth of infrastructure and shut down of production plants as a result of the crisis in the Niger Delta, as core problems plaguing the industry.

“Our industry is sleeping indeed,” Ajumogobia said. “And the reasons include the following: security issues in the area of operation, Niger Delta; decline in production; ageing infrastructure; insufficient funding; long project saturation plan and lack of sustainable and effective framework to ensure the development of the host communities.”