Showing posts with label Pipeline vandals. Show all posts
Showing posts with label Pipeline vandals. Show all posts
Thursday, 17 January 2013
PPMC: Nigeria lost about N165bn to pipeline vandalism in 4 yrs
Pipelines and Products Marketing Company Limited, PPMC, has said that the economy had lost about N165 billion in the last four years to pipeline vandalism. The sum includes the cost of repairs and products theft.
Managing Director of PPMC, Mr. Haruna Momoh, at the commissioning of four units of triple agent fire-fighting trucks at its Mosimi Depot, Ogun State, noted that the activities of vandals at Arepo and products theft across the country had become a recurring national embarrassment and had cost the country, N165 billion between 2009 and 2012. He added that on a number of occasions, the vandals at Arepo, who have become notorious in their operations, attacked personnel of PPMC with guns and other dangerous weapons, and prevented them from fixing the damaged pipelines.
This, he said, led to the death of a number of personnel over the years and had brought about a huge cost on PPMC, the marketing arm of Nigerian National Petroleum Corporation, NNPC, in the area of repair of the vandalised pipelines.
Thursday, 20 December 2012
NNPC: Pipeline vandals could cripple downstream sector
The Nigerian National Petroleum Corporation has
said the activities of vandals who break into pipelines to steal petroleum
products could cripple the downstream sector of the industry if left unchecked.
The Group Managing Director, NNPC, Mr. Andrew Yakubu, was quoted as saying in a
statement that in less than five months, the corporation’s pipelines were
broken in 774 places by vandals.
Yakubu said this at the 3rd Triennial Delegates
Conference of the Petroleum and Natural Gas Senior Staff Association in Abuja. According
to him, less than one week after the vital System 2B was restored through
extensive repair work on the ruptured Arepo point in Ogun State, the
corporation was compelled to shut the line again due to Monday’s attack on the
Ije-Ododo point in Lagos State.
He lamented the unending incidents of pipeline
hacking and product theft, which he said posed great danger to the efficient
distribution and supply of petroleum products in some parts of the country. If
left unchecked, he added, the nefarious activities of pipeline marauders could
cripple the smooth operation of the downstream sector of the industry.
Records indicate that with the incessant attacks
on the nation’s vast artery of pipelines about 70 per cent of products
distribution is through trucking or what is known in the industry as bridging
into the hinterlands. This requires massive fleets of petroleum product trucks
of up to 1, 212 trucks load out from the depots every day to meet the daily
estimated national consumption. At an average vehicle turnaround of about eight
to 10 days from the South to the North and return, a minimum of 10,000 trucks
are required to ply the roads daily.
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