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DPR’s N 30 billion Compensation Controversy: Senate Calls for Employees Register

By on February 9, 2012

After receiving startling revelations last week concerning the 2012 fiscal year N 30 billion compensation budget of the Department of Petroleum Resources (DPR), the Senate Committee on Petroleum Resources (Downstream) has ordered the DPR to submit its nominal roll or employees register.

The Senate committee plans to audit the register in order to comprehend the facts and figures in the 2012 compensation budget for the parastatal. Last week, the DPR defended the compensation metrics stating that it had 1,108 workers and planned to hire between 200 and 450 more over the course of the year.

That would still result in a ridiculous sum of about N 20 million per person. This does not augur with industry compensation standards, as some of the better managed and more profitable multi-nationals do not even compensate at these levels.

The Permanent Secretary, Ministry of Petroleum Resources, Goni Sheikh, as been mandated with the task of securing the register on behalf of the ministry.

Also yesterday, the Senate Committee lauded the Petroleum Minister for the selection of Ribadu and other members to head the Petroleum Revenue Special Task Force (PRSTF). He stated, “Please, convey my congratulations to the Minister for setting up the task force. I was very happy with the quality of people chosen to work on the PRSTF. I am particularly happy with the selection of Prof. Olusegun Okunnu who I know is an expert in restructuring.”

One Comment

  1. Hanacho

    February 9, 2012 at 11:47 am

    THE NASS MEMBER , THIS DPR AND NNPC ARE PLAYING WITH YOU GUYS .
    THEY FEEL YOUR IS JUST A GAME .

    I BELIEF ONE BIG FISH HAS NOT BEEN SHOWN THE WAY OUT ,THATS WHY THEY ARE DOING MORE .

    LITTLE HAVE THE FRAUD IN OIL SUBSIDY PASSED , NOW 30BILLION FOR HOW MANY STAFFS.

    ITS CRAZY