Editorial
Checking Oil Theft In Nigeria
The recent alarm by the Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC) that the nation loses $12 billion annually to crude oil theft once again brings to national consciousness the poor management of our oil and gas resources.
Speaking during the NNPC Day at the 24th Enugu International Trade Fair on Sunday, March 24, the GMD said unless something urgent was done to check the activities of hoodlums, the nation might face a major oil crisis.
Coming alongside an earlier alarm by Shell Petroleum Development Company (SPDC), concerning criminal activities around its multi-million dollars project in Nembe Creek trunkline by vandals, this latest alarm is a sufficient warning to worry all well meaning Nigerians, particularly when viewed against the back-drop of its potential threat to the economy and the nation’s environment.
Unfortunately, this is not and may not be the last time complaints of this nature would be making newspaper headlines, but the matter seems to be more complex considering the embarrassing revelations on record that Nigeria does not even have the capability to measure the actual amount of oil produced per day, talk less how much is being stolen.
The Tide is disturbed that after many years of the same problem, oil companies, particularly the NNPC, the security agencies, and indeed, all stakeholders still remain helpless and are yet to find solution to this problem.
We are particularly worried that because the major oil companies and NNPC have repeatedly told Nigerians about extra security measures they have put in place which include the award of survillance contracts to local community contractors to manage activities near or around their facilities, yet the activities of vandals have been on the increase.
We do not want to believe the security agents assigned to protect these critical equipment have been compromised and rather than discharging their constitutional duties diligently, have become the key operational problem.
We are also reluctant to accept as fact that these oil thieves are protected and aided by well placed Nigerians who compound the challenges we expect both the NNPC and other oil producing companies to address.
It is however, very saddening that besides the inability of the nation’s security forces to arrest the unwholesome practice, no one except the ‘petty thieves’ had ever been caught or prosecuted even when the Miscellaneous Offences Act provides for life imprisonment for anyone who steals crude oil, petroleum product or vandalises pipelines.
We expect the Nigeria security agencies to establish an effective synergy with the oil firms with a view to gathering adequate intelligence necessary to check these oil thieves, whose activities do not only threaten our economic fortunes, but also frustrate the ability of the Federal Government to effectively implement its annual budget.
Even so, NNPC, Shell and other major oil companies must be told in clear terms that their repeated alarms on oil theft which are either directly or indirectly products of their lack of foresight, ingenuity, nationalism, and poor security consciousness along with their penchant of blaming everyone else but themselves for the woes of the industry, can no longer sell.
What will sell, however, is for the oil producing firms to be more vigilant, using their extra security surveillance contractors to collaborate with all stakeholders and ensure prompt security alert to the necessary institutions concerned.
The Tide believes that oil theft can be checked if oil producing firms and the various security agencies are open, share regular intelligence and tackle the problem of securing oil facilities with the right sense of patriotism, commitment and transparency.
To succeed, however, oil firms must close all loopholes that could be capitalised upon even by some of their staff who are often accused of colluding with the offenders. Government on its part must be more decisive in tackling this obviously organized criminal gang that is fast taking hold of the country and gradually becoming a potential threat to our democracy.
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