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2015: Presidential campaigns are not issue based — THOMAS

By Clara Nwachukwu

Oil industry operators have taken a swipe at the presidential aspirants in the forthcoming February polls, saying that electioneering campaigns are not issue based, but more of mud sliding.

Some of the operators who spoke with Vanguard exclusively in telephone interviews, expressed dissatisfaction that Nigerians are being taken for granted, as the aspirants are not identifying specific policies that will save the oil-dependent Nigerian economy from doom in the light of current realities of sliding oil prices.

The Managing Director/Chief Executive, Frontier Oil and Gas, Mr. Dada Thomas, said, “I’ve watched and listened to all the campaigns by the presidential aspirants in the different regions, and I’ve not seen or heard any issue based campaign from any of them.”

He added that such a development “…is a shame because what the private sector operators and Nigerians want to hear are: what are the issue, problems and challenges; what are the solutions and what we are going to do from level 1 to level 2; and what is the time bound for effecting these solutions?

“But they are not saying anything, and are busy attacking their personalities. Is this what Nigerians want to hear, or the aspirants saying that Nigerians do not understand the issues affecting their daily lives?”

While acknowledging that the election campaigns are not issue based, the President, Nigerian Association of Petroleum Explorationists, NAPE, Mr. Chikwe Edoziem, noted that the aspirants are playing safe by concentrating more on common place issues that will appeal to the electorates.
According to him, “Nobody is making any economic comments or in deed any comment on the industry (oil and gas), which is the bedrock of the economy in the light of global developments. Rather, they talk about roads and other basic infrastructures which is taken for granted in other climes that the common man can relate to.”

Edoziem, whose association is responsible for exploring and producing the oil, however, blamed the trend on lack of understanding, saying, “They, (aspirants) are not saying anything possibly because none of them is well grounded on economic operations, and may want to stick to what they know.”

Economic performance
All the operators who spoke with Vanguard were unanimous in their opinions that there have been no significant economic breakthroughs, particularly in the oil sector in the outgoing President Goodluck Jonathan’s administration.

In his assessment, Edoziem said, “The economy has been stable under the present administration; it is not going up, neither is it going down.”
He added that this is so because Nigerian governments do not make long term plans, but only concentrate on short term measures like five-year plans as opposed to 20 to 30 year plans as obtained in other economies.

Specifically, respondents identified the non-passage of the Petroleum Industry Bill, PIB, as a big minus for the administration, which has stayed up to six of the 12 years the bill has been in the National Assembly.

In this regard, Professor Joe Nwachukwu, an erudite geologist at the Obafemi Awolowo University, OAU, Ile-Ife, put the blame squarely on the members of the National Assembly.

As far as he is concerned, “There is nothing that any of the presidential contenders can say now in the light of falling oil prices because they are not in control of the global market.

“But if the National Assembly had passed the PIB earlier during all the years it has been there, Nigeria would have been able to withstand the current oil price shocks. So the legislators have failed Nigerians and should explain to Nigerian why they have not passed the bill, which would have offered them some palliatives in the current realities.”

But Edoziem argued that the issue is not so much about passing the bill alone, but in what form the bill is passed.


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