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Oil Theft: Reps Move To Summon Service Chiefs, NNPC
The House of Representatives ad-hoc committee will summon the Chief of Naval Staff, Inspector General of Police, the Group Managing Director of Nigeria National Petroleum Corporation (NNPC) and other stakeholders in the oil and gas industry over continuing and alarming theft of crude oil in the Niger Delta.
The Chairman of the Ad-Hoc Committee on Crude Oil Theft, Hon. Peter Akpatason, said the panel would invite service chiefs and other stakeholders in the sector, to explain the continuous pilfering of oil by an alleged cartel in the country.
The committee alleged the theft of crude oil, 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, Chief 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.
“This a very serious allegation by the committee set up by former president, Olusegun Obasanjo and we are going to take up this investigation from that perspective to look at who are actually responsible and how we can stop this criminality and ensure that revenue derivable from the oil and gas sector is exactly what we ought be getting what in this country, nothing short of that”, he said.
He said security chiefs and other stakeholders will be invited to explain the persistence of the crime.
It would be recalled that on September 26, the House through a motion, raised the alarm that Nigeria was losing about N5trillion annually from oil theft and about 22 million barrels of crude oil, counting for about N1.3trillion loss of crude were stolen in the Niger Delta in 2019 alone.
The committee’s mandate is to determine the volume of crude oil extracted in the country on a daily basis; determine the quantity sold at the internal markets and the quantity consumed locally; ascertain the quantity of crude oil stolen on a daily basis and the people responsible for the theft; further determine the quantity of crude oil that is reserved daily to process into kerosene, diesel and to ensure that a thorough environmental impact assessment of the damage caused to the ecology is carried out.
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RHI, RSG Empower 500 Senior Citizens In Rivers
The Renewed Hope Initiative in conjunction with the Rivers State Government has empowered 500 elderly citizens in Rivers State with financial support of N200,000 each.
The empowerment programme was part of activities to celebrate the third anniversary of the Renewed Hope Initiative Elderly Support Scheme RHIESS, a social investment policy initiated by the First Lady of the Federal Republic of Nigeria, Senator Oluremi Tinubu.
Speaking at the event which held at the Government House, Port Harcourt, recently, under the theme, ‘Finding Joy in Old Age,’ Senator Tinubu said the gesture which has become traditional since 2023 was a mark of gratitude in recognition of the invaluable contributions of the senior citizens to nation building.
The First Lady who was represented by the wife of the Rivers State Governor and State Coordinator of the Renewed Hope Initiative, Lady Valerie Fubara, said the scheme was to “support two hundred and fifty (250) vulnerable elderly citizens aged 65 and above in all the 36 states of the federation, the Federal Capital Territory, and veterans from the Defence and Police Officers’ Wives Association (DEPOWA) totalling 9,500 selected beneficiaries across the nation.
She urged the beneficiaries to engage in activities that will make them find joy in old age.
“I encourage you to continue playing your part by staying healthy and active, nurture both your body and mind through regular exercise and meaningful engagement,” Senator Tinubu advised.
On her part, Lady Fubara said the State Government through the magnanimity of the governor, Sir Siminalayi Fubara, has increased the beneficiaries of the programme from 250 to 500.
She restated the commitment of the State Government towards provision of social welfare and improving the standard of living of the elderly in the State.
Also speaking, the Executive Secretary, Rivers State Contributory Health Protection Programme (RIVCHPP), Dr Vetty Agala, said the State Government has through the Health4allrivers Initiative, introduced free medical care for senior citizens in the State, in line with the Renewed Hope Initiative.
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Expedite Action On MBA Forex Operator’s Prosecution, Rivers NUJ Tells EFCC
The Nigeria Union of Journalists (NUJ), Rivers State Council, has urged the Economic and Financial Crimes Commission (EFCC) to expedite the prosecution of the Director of the now distressed MBA Forex Trading, Mr. Maxwell Odum, in the interest of justice.
The Rivers State NUJ made the appeal during a courtesy visit to the EFFC’s Ag. Zonal Director, ACE Hassan Saidu, in Port Harcourt, recently.
The council’s chairman, Comrade Paul Bazia, said the appeal became imperative after it considered the number of Nigerians and others involved in the financial misconduct.
According to him, it has caused hardship among many households in the country and should be given the attention it deserves.
He said that investors cannot come into a country or invest in an economy or nation ridden with fraud.
This, he said, has made it more imperative to arrest, prosecute and convict alleged fraudsters like the MBA Forex Director, who is alleged to have defrauded thousands of unsuspecting Nigerians, to serve as a deterrent to others.
The chairman also requested that while the trial lasts, part of the swindled funds should be given to the victims that suffered loss and trauma as a result of the fraud.
The NUJ reiterated its resolve to change the narrative of reportage from crisis to developmental communication.
According to him, the NUJ’s main focus is blue economy and tourism.
He expressed the readiness of the Council to partner the agency in the area of information dissemination.
“We believe you have a responsibility to fight financial crimes. We also know that you need the Press to publicize your activities and NUJ can provide that,” he said.
Responding, the Zonal EFFC’s boss commended the NUJ’s vision to change the narrative of reporting from crisis to developmental communication.
According to Saidu, the Western world have since imbibed such culture, hence the negative stories about them are carefully sifted to allow only positive ones to be released to the outside world.
As for the trapped funds to be released, the EFCC Zonal Director stated that only the court can authorize such action, stressing that the primary responsibility of the Commission is to arrest and prosecute.
He pledged to partner with the NUJ now that the leadership has visited the Commission.
The Head of the Legal & Prosecution Department, DCE Odiase Stephen, corroborated the Zonal Director’s position and stressed that it was only when the matter has been determined by the court that such funds can be released.
He further stated that once a matter is before a court of competent jurisdiction, it cannot be discussed outside.
By: King Onunwor
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