News
Oil Theft: Reps Move To Probe Serving, Retired Military Officers
The House of Representatives has stressed its resolve to tackle crude oil theft in the country and end recurring shortfall in crude oil revenues, hence, its resolve to probe serving and retired military officers.
The Chairman of the Ad-Hoc Committee on Crude Oil Theft, Hon Peter Akpatason, who said this, yesterday, at the inaugural meeting of the committee, lamented the continuous pilfering of oil by a cartel in the country, with the assistance of some officers of the Nigerian military and ex-servicemen.
Akapatason who is also the deputy leader of the House, decried the alarming rate of oil theft, recently.
He recalled that the Federal Government under the leadership of former president Olusegun Obasanjo set up a committee to look into oil theft in 2001, which reported that oil theft by a group of highly placed persons posed a threat to the oil sector.
He explained that the committee would hinge its enquiry on 2001 findings to uncover those behind the crime.
“Oil theft is a very serious problem that is as old as the oil industry itself. Oil theft has assumed a very alarming rate in recent times.
“As far as back as 2001, the federal set up a committee which noted a major threat to Nigeria oil industry arises from the activities of a cartel or mafia which comprises highly and powerful placed individuals running a network of agents to steal crude oil and finished petroleum products from pipelines in Nigeria and could be possible enjoying the patronage of some retired or top serving military or security personnel, political allies of government who benefit from the illicit oil business and have persistently frustrated efforts by the international community to assist Nigeria in fighting the menace.
News
Cleric Predicts Breakthrough, Warns of Political and Security Challenges in 2026
News
Ado Royal Family Disowns Alleged Installation of Amanyanabo of Okrika
News
PH Traders Laud RSG’s Fire Safety Sensitisation Campaign
-
News4 days ago2026 Budget: FG Allocates N12.78bn For Census, NPC Vehicles
-
Sports4 days agoAFCON: Osimhen, Lookman Threaten Algeria’s Record
-
Politics4 days agoWike’s LGAs Tour Violates Electoral Laws — Sara-Igbe
-
Politics4 days agoRivers Political Crisis: PANDEF Urges Restraint, Mutual Forbearance
-
Sports4 days agoPalace ready To Sell Guehi For Right Price
-
Sports4 days agoArsenal must win trophies to leave legacy – Arteta
-
Sports4 days agoTottenham Captain Criticises Club’s Hierarchy
-
Sports4 days agoNPFL To Settle Feud between Remo Stars, Ikorodu City
