SENATE PLAN STRATEGIC WORK FOR THE PETROLEUM DOWNSTREAM SECTOR
The Chairman Committee on Petroleum, Sen. Kawu Sumaila made this known in a statement to newsmen in Abuja.
He said that the trouble shooting efforts being made were pursuant to resolutions from its recent retreat and in line with its Strategic Action Work plan for the sub sector.
Distinguished Senator Sumaila specifically stated that investigative hearing shall be carried out by the committee to dissect all the problems and proffer solutions to them.
The statement reads: ” The Senate Committee on Downstream Petroleum, pursuant to the resolutions of its recent retreat and in line with its Strategic Action Work plan (Q4 2025 – Q4 2026) resolved as follows.
“To undertake a comprehensive investigative hearing on the current challenges in the downstream petroleum sector.
According to him, the Committee is committed to providing a fair, transparent, and inclusive platform for all stakeholders — including private refinery operators, government refineries, labour unions, regulators, civil society organisations, and other interested parties — to present their views and make submissions.
“The outcome of this investigative hearing will guide the Senate in reshaping the roles of regulatory agencies in resolving industrial disputes, addressing concerns of independent marketers, and tackling systemic bottlenecks in the downstream sector,” Sumaila stated.
This investigative hearing has become imperative in view of the lingering concerns surrounding the operations of private refineries, government-owned refineries and independent marketers.
“Ongoing disputes involving the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), the National Union of Petroleum and Natural Gas Workers (NUPENG) and other labour stakeholders.
“Allegations relating to crude oil supply obligations, regulatory overlaps, labour rights disputes, transparency and competitiveness within the sector”.
He explained that the committee is committed to providing a fair, transparent and inclusive platform for all stakeholders.
“Stakeholders including private refinery owners, government refineries, labour unions, regulators, civil society groups, and other interested parties will be given the opportunity to present their positions, raise concerns and make submissions.
“The outcome of this investigative hearing will guide the Senate in reshaping the roles of the regulatory agencies in resolving the industrial disputes, understanding the future of the Nigerian downstream sector under the Petroleum Industry Act (PIA)”.
This far reaching resolution will go a long way at ameliorating the challenges and bring about more prosperous investment in the Petroleum sector, thereby improving Nigeria's economy.
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