Oil Theft Costs Nigeria 22mb In 6 Months - Gov. Obaseki - Liberty TV/Radio - News - Voice For All! Vision For Alll!
Publisher (J.T)
August 30, 2019
Governor Godwin Obaseki of Edo state has said that the nation lost about twenty two million barrels of its crude oil production to oil theft between January and June 2019.
Read this: UK, Norway, Pledge Support For Nigeria’s Oil, Gas Sector.
Obaseki madethis known in a statement issued by the Nigerian National PetroleumCorporation, NNPC Spokesman Ndu Ughamadu, in Abuja said that if nothing is doneto curtail the ugly trend, the figure could double by the end of the year.
TheGovernor, who is also the Chairman of the Ad-hoc Committee of the NationalEconomic Council on Crude Oil Theft spoke at a stakeholders meeting held inAbuja.
He lamentedthat the menace of oil theft and pipeline vandalism were beginning to pose a threatto the national economy.
The Governorcalled on stakeholders to join forces and work toward eradicating the menace ofcrude oil theft that was currently on upward swing in the country.