Besides pulling in all crucial stakeholders, the reduction in vandalism, according to the NNPC boss, was also due to the increased surveillance by security agencies. He explained that the corporation has decided to hand over the pipeline security completely to the security agencies “as it is their work to secure government property.” The dramatic overall decrease in pipeline vandalism in the country speaks to the significant efficacy of his approach.
Beyond the issue of trust deficit and Peterside’s disbelief is also a strong sense that very powerful, shadowy vested interests want the refinery sold and have already positioned fronts or themselves directly, to buy up the national assets. Given Peterside’s progressive trajectory, it may be illogical to view him as a possible front for buyers or an intending buyer. But given the sad history of local corporate intrigues, nothing could be taken off the table.
…”NNPC is waiting for conclusion of the ongoing negotiation and dialogue between the organized labour and other stakeholders on an acceptable price framework that will not expose the ordinary Nigerian to any hardship”