Global Upfront Newspapers
CoverLifeNews

As Buhari Worries Over Large Scale Crude Oil Theft, Garba Shehu Says Govt Will Soon Unveil Big Men Behind It

As Nigeria’s President Muhammadu Buhari expressed concern on Friday over large-scale crude oil theft, saying it was affecting the country’s revenues “enormously,” his Spokesperson, Malam Garba Shehu, announced the federal government readiness to soon reveal the identities of important personalities behind oil theft in the country. 

Shehu said that as part of efforts to rid the country’s economy from sabotage of greedy few, security operatives had raided locations where illegal oil bunkering thrive. 

Nigeria lost $1 billion in revenue during the first quarter of this year due to crude theft, the oil regulator has said.

Nigeria is unable to meet some of its financial obligations to its citizens due to the oil theft, Buhari told government workers who are requesting a pay increase to help deal with double-digit inflation.

“On your request for a salary review, I wish to urge you to appreciate the revenue constraints being presently faced by government which is caused mainly by the activities of unscrupulous citizens through the theft of our crude oil, a major contributor to our revenue base,” Buhari said.

Crude theft poses an existential threat to Nigeria’s oil industry, the local head of Shell has said, resulting in the shutdown of two of its major pipelines.

Speaking on Trust TV’s Politics Today, Shehu hinted on Friday that there might be cases of some law enforcement agents engaging in the illegal act, but said that new measures were being taken to put a stop to it.

“Oil theft is being tackled. The big problem we have in this country is that we ought to see more commitment from communities in assisting law enforcement agents. In some cases, where some actors in the law enforcement are complicit, it becomes bad,” he said.

He added that it was embarrassing for Nigeria not to meet up with the quota given to it by the Organisation of Petroleum Exporting Countries (OPEC).

“We used to fight the OPEC for more quotas; now, they have given us and we are not able to meet up. This is embarrassing. Security agencies are fully involved in stopping this act. I am hopeful that in the next few days, the office of the National Security Adviser will be presenting to the country, big men who are promoters of this kind of business as they are being caught and illegal refineries are being bombed out. 

“The Nigerian National Petroleum Company (NNPC) Limited is also installing a monitoring capacity to detect or advise immediately when sabotage of oil pipelines happen,” he said.

On insecurity, Shehu said that ending the insurgency in the North East was the president’s priority when he came into office and a lot of efforts had been put in to curtail the menace. He added that terrorists no longer laid claim to any territory due to the might of the Nigerian Army.

He, however, said cases of banditry and kidnapping were as a result of the previous administration’s failure to tackle the root cause, as well as negligence of military personnel in the area of adequate training. 

“The fight against banditry and kidnapping and the results have begun to reach an important turning point. A momentum has been generated, and we are hoping there would be no turning back. These days, all we hear is that the military is being frontal in its activity of attacking bandits’ enclaves; freeing hostages and all of that. We hope there would be no turning back,” he said. 

He said the victory recorded by the army had justified the money spent on the military, saying, “Public expenditure is justified because if we didn’t fight Boko Haram to what we have today, they would have probably taken over many more cities. Before now, they were active, up to Abuja, bombing the United Nations’ headquarters and other places. Is it 100 per cent success? Clearly no, but substantially, they are degraded.” 

He added that the military would soon get more equipment to aid the fight. 

Advertize With Us

See Also

Anambra State Nigeria: Governor Obiano Declares End of Govt As Soludo Takes Office Thursday

Global Upfront

UK Foreign Secretary Congratulate Tinubu, Asks INEC, Buhari To Deliver The Will Of The Nigerian People

Global Upfront

Reparations for slavery and colonial abuses: how behavioural science can help

Global Upfront

Add These 10 Antioxidant Foods to Your Diet for Younger-Looking Skin

Global Upfront

Synergize, Block CBN Governor Emefiele From Sneaking Out Of Nigeria Before May 29, Group Tell Security, Anti-Corruption Agencies 

Global Upfront

Elon Musk Loses Title Of World’s Richest Man To Jeff Bezos

Global Upfront

Nigeria To Vaccinate 7.7 Million Girls Against Leading Cause Of Cervical Cancer

Global Upfront

Terrorism In Africa “Especially Concerning,” Says UN Boss, Antonio Guterres

Global Upfront

10 Nigerian Nationals Arrested, Evicted From Building They ‘Hijacked’ in Johannesburg, South Africa Charged to Court

Global Upfront

Facebook discovers there’s already a company named Meta, rebrand may have hit a snag

Global Upfront

This website uses Cookies to improve User experience. We assume this is OK...If not, please opt-out! Accept Read More