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Senate vows to end Cabal in the oil industry

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By Samuel Abimbola

The new system aims to tackle ongoing transparency and accountability.

Senator Sumaila Kawu, who has just taken on the role of chairman for the Senate Committee on Petroleum Resources (Downstream), has expressed his dedication to addressing the issues facing Nigeria’s oil industry. He assumed the position after the death of Senator Ifeanyi Ubah, who served Anambra South in previous senates. Kawu has articulated a strategy focused on tackling the ongoing issues of transparency and accountability in the sector, which he attributes to a powerful and established cabal. Kawu’s decision comes during a critical moment when Nigerians face rising fuel costs, creating challenges for countless individuals.

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During a conversation with journalists, he emphasised the importance of transparency and accountability in managing the country’s oil resources. He emphasised his commitment to uncover the activities occurring in the industry, promising to connect with the community and create significant conversations that would close the divide between the sector and those it impacts. In tackling the issues impacting the community, Kawu emphasised the necessity of understanding the root reasons behind the sector’s shortcomings. He proposed a systematic plan that starts with collecting in-depth data from relevant agencies. He aims to evaluate the present circumstances in detail, identifying the main elements that lead to a lack of transparency.

Engaging the community via public forums will be key to achieving the goal.

An additional component of Kawu’s strategy involves involving the community through public forums. He plans to create an avenue for individuals to express their worries and recount their experiences, especially about refinery activities. This initiative seeks to enhance accountability and encourage community involvement in dialogues concerning the sector. Kawu recognises the dominant lack of transparency, likening the industry’s governance to that of a cabal group, which leaves the wider community in the dark. Kawu intends to examine contracts from earlier governments, especially those associated with refinery maintenance. Through this analysis, he hopes to identify inconsistencies and ensure that resources are used wisely.

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Also, he considers this oversight essential for ensuring accountability within the sector and avoiding further mismanagement. Furthermore, Kawu’s strategy involves active participation with essential stakeholders, such as the Nigerian National Petroleum Company Limited (NNPC) and different refinery operators. His goal is to understand the limitations hindering effective production and responsibility. He pointed out that a recent visit to the refineries by a combined Adhoc committee from the National Assembly raised issues, especially concerning production schedules. Kawu believes these issues need a comprehensive and more rigorous assessment to identify the reasons for the setbacks and inefficiencies.

Efforts are underway to restore confidence and enhance transparency.

He is dedicated to ensuring that these assessments result in positive measures instead of leaving the problems unresolved. Promoting an environment of transparency in the oil industry is a key focus for Kawu. He intends to break down the hidden, cabal-like practices that have dominated the field for so long. He contends that for the industry to operate successfully, the decision-making processes need to be clear, reachable, and comprehensible to everyone. He argues that this will enhance responsibility and rebuild public confidence in the oversight of oil resources.

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Kawu believes that these changes can transform the sector so that it functions in a way that emphasises the well-being of citizens. His determination to change the sector reflects a broader call for reform in the oil industry, which has long been a subject of controversy and mismanagement. His focus on transparency and accountability signals a shift towards a more people-centred approach to managing the country’s petroleum resources. The Senate’s commitment to involving the community and conducting public sessions aims to enable individuals to transform themselves into proactive contributors to matters that influence their everyday existence.

Related Article: Nigeria’s Oil Industry in a State of Decline

However, as he sets out on this endeavour, he conveys a hopeful outlook that these initiatives will not merely break down the current power network but also establish the groundwork for a more effective and open petroleum industry. He is confident that by uniting stakeholders, incorporating public opinions, and ensuring rigorous regulation, the sector can be reshaped to fulfil the populace’s demands. He aims to rebuild trust in the nation’s oil management framework and ensure that the sector benefits all residents rather than just a privileged minority.

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