• About
  • Advertise
  • Privacy & Policy
  • Contact
Advertisement
  • News
    Yushau Shuaib Admitted as IPRA Fellow, Earns FIPRA Designation

    Yushau Shuaib Admitted as IPRA Fellow, Earns FIPRA Designation

    FG Introduces N50,000 Monthly Cash Relief for Vulnerable Nigerians

    FG Introduces N50,000 Monthly Cash Relief for Vulnerable Nigerians

    Teachers Honored as Sterling Oil and VCDF Deepen Education Support across Nigeria

    Teachers Honored as Sterling Oil and VCDF Deepen Education Support across Nigeria

    ‎OTUWA Urges ECOWAS Member States On Adequate Funding, Deliberate Budget for social protection

    ‎OTUWA Urges ECOWAS Member States On Adequate Funding, Deliberate Budget for social protection

    OTUWA, DTDA Hold Regional Workshop On Social Protection, Workers’ Rights In Abuja

    OTUWA, DTDA Hold Regional Workshop On Social Protection, Workers’ Rights In Abuja

    Nigeria Inaugurates Interministerial Committee to Coordinate Climate Action

    Nigeria Inaugurates Interministerial Committee to Coordinate Climate Action

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Business/Economy
  • Insurance/Pension
  • Investigations
  • Opinion
  • Politics/Governance
  • Security/Emergency
No Result
View All Result
  • News
    Yushau Shuaib Admitted as IPRA Fellow, Earns FIPRA Designation

    Yushau Shuaib Admitted as IPRA Fellow, Earns FIPRA Designation

    FG Introduces N50,000 Monthly Cash Relief for Vulnerable Nigerians

    FG Introduces N50,000 Monthly Cash Relief for Vulnerable Nigerians

    Teachers Honored as Sterling Oil and VCDF Deepen Education Support across Nigeria

    Teachers Honored as Sterling Oil and VCDF Deepen Education Support across Nigeria

    ‎OTUWA Urges ECOWAS Member States On Adequate Funding, Deliberate Budget for social protection

    ‎OTUWA Urges ECOWAS Member States On Adequate Funding, Deliberate Budget for social protection

    OTUWA, DTDA Hold Regional Workshop On Social Protection, Workers’ Rights In Abuja

    OTUWA, DTDA Hold Regional Workshop On Social Protection, Workers’ Rights In Abuja

    Nigeria Inaugurates Interministerial Committee to Coordinate Climate Action

    Nigeria Inaugurates Interministerial Committee to Coordinate Climate Action

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Business/Economy
  • Insurance/Pension
  • Investigations
  • Opinion
  • Politics/Governance
  • Security/Emergency
No Result
View All Result
No Result
View All Result

FG Says Economic Saboteurs Behind Oil Theft, Vandalism

Editor by Editor
August 25, 2022
0
Experts Recommend technology deployment to curb oil theft

A typical Oil theft in Nigeria

0
SHARES
Share on FacebookShare on Twitter

FG Says Economic Saboteurs Behind Oil Theft, Vandalism

The Federal Government has fingered economic saboteurs for crude oil theft and vandalisation in Niger Delta region.

RelatedPosts

Avoid Oil Economy Mistakes With Data, Oyedele warns

Jaiz Bank Clarifies Alleged ₦104m Investment Transactions in its Jos Branch

DataPro Consolidates West African foothold, gets credit rating licence in The Gambia

The Director-General, National Oil Spill Detection and Response Agency, NOSDRA, Mr. Idris Musa, who revealed this in Abuja, accused unnamed businessmen of masterminding the attack on oil pipelines for pecuniary gains.

He said the government was looking into the issue with a view to fish out and sanction those who were sabotaging the economy, degrading the environment and unleashing untold hardship on the people of Niger Delta.

Musa, who spoke when two civil society groups, Connected Development, CODE, and Oxfam Nigeria, paid him an advocacy visit, said: “An oil spill happened a few weeks back and we constituted a joint investigation visit to the place.

“The report indicated that it was as a result of sabotage and this is something we have been advocating that we should put an end to, as it’s leading to destruction of oil facilities because when this thing happens, as a nation, we lose revenue, people lose sources of livelihood because the oil will be packed on areas where they fish or farm and then it will be a loss to the oil company that owns it and also a loss to the environment.

“The environment there is very fragile and the ecosystem is also fragile, so, it takes more than ordinary measures to do a clean up of such places.

“The best thing to do there is to avoid any sort of oil spills, and when spill comes as a result of equipment failure, it requires proper sanctioning, proper cleaning up and repudiation.

“In most cases, people are not held because when people do it, they don’t wait. They break it and run. It could be a breakage to have an opportunity to steal oil; it could be a breakage as a result of annoyance; it could also be a breakage to create jobs for themselves and that is another dangerous aspect of the whole thing, because we have worked on this theory a number of times and brought it to the NNPC and other respective oil companies.”

In the same vein, Director-General, National Environmental Standards and Regulations Enforcement Agency, NESREA, Mr. Aliyu Jauro, stated that inequality and poverty were major factors driving the problem of environmental pollution in the country.

He, however, assured that the government was ready to partner the civil society to ensure that the adequate protection of the environment.

Earlier, the Chief Executive, CODE, Mr. Hamza Lawal, harped on the need for a sustainable partnership between the government and the civil society to address the situation.

 

Tags: FG Says Economic Saboteurs Behind Oil TheftVandalism
Previous Post

Oil Prices Rise On Possible OPEC Supply Cuts

Next Post

FG Develops National Emission Framework

Editor

Editor

Related Posts

He doesn’t have the right education’ — Bolaji Abdullahi questions Taiwo Oyedele’s ability to manage Nigeria’s economy
Business/Economy

Avoid Oil Economy Mistakes With Data, Oyedele warns

November 6, 2026
Jaiz Bank Clarifies Alleged ₦104m Investment Transactions in its Jos Branch
Business/Economy

Jaiz Bank Clarifies Alleged ₦104m Investment Transactions in its Jos Branch

November 4, 2026
DataPro says Credit Rating is Veritable Platform to Unlock Nigeria’s Power Sector Funding
Business/Economy

DataPro Consolidates West African foothold, gets credit rating licence in The Gambia

November 4, 2026
ADIPEC 2026: Nigeria’s Oil Output now 1.8m bpd –Ojulari
Business/Economy

ADIPEC 2026: Nigeria’s Oil Output now 1.8m bpd –Ojulari

November 3, 2026
AAAG Elects Ogunjimi as Deputy Chairperson
Business/Economy

FG Tightens Noose on Admission of New Employees into Federal Payroll

November 2, 2026
AfCFTA, Afreximbank Sign Pact on $10bn Fund to Boost African Economies
Business/Economy

Afreximbank Unlocks $975M for Oryx Energies’ Buyout

October 28, 2026
Next Post
FG Develops National Emission Framework

FG Develops National Emission Framework

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Follow Us

Browse by Category

  • Business/Economy
  • Insurance/Pension
  • Investigations
  • News
  • Opinion
  • Politics/Governance
  • Security/Emergency
  • Uncategorized

<