Business
JTF Arrests Eight Suspected Oil Thieves

L-R: Minority Leader, House of Representatives, Rep. Femi Gbajabiamila, Commander, Nigerian Army Band Corps, Abalti Barracks, Brig.-Gen. Lawson Amaechi and others at the inauguration of one of the sixty solar powered bore-holes by Rep. Gbajabiamila in Lagos, recently.
The Joint Military Task Force (JTF) in the Niger Delta, Operation Pulo Shield, has said that it arrested eight suspected oil thieves and destroyed 17 illegal refineries in multiple raids.
A statement issued by Media Coordination of JTF in Yenagoa, Col. Onyema Nwachukwu, yesterday said the anti-oil theft raids were conducted from February 11 to February 18.
Nwachukwu said that several items were seized during the operations in Rivers, Bayelsa, Delta and Edo States.
He said that the JTF troops in Edo and Delta destroyed five illegal oil distillation sites and 40 boats and seized 300 metal tanks, 64 plastic storage tanks, 72 drums and 68 cooking ovens.
He added that four pumping machines and one Lister generator were seized at Warri South-West Local Government Area in Delta State.
The spokesman said the troops also intercepted a locally made tug boat conveying 30 drums of stolen petroleum at Ajide on Benin River in Edo.
He said that six suspects were arrested during the operation and moved to the Tactical Headquarters of the Battalions for preliminary investigation.
In another development, Nwachukwu said JTF personnel patrolling the waterways and creeks on Soku-Ofumakiri, Bolo, Oloma and Isaka in Rivers State, destroyed four illegal refineries.
He said 40 cooking ovens, 30 plastic storage tanks, 50 drums, one welding machine, two pumping machines and a 45 KVA generator were seized.
According to him, two suspects arrested in the operation were assisting investigators at the Sector 2 of the JTF in Port Harcourt.
“Our troops patrolling the waterways in Bayelsa have shutdown eight illegal crude oil distillation sites.
“The troops also destroyed six “cotonou” boats used by oil thieves in Tebidaba and Igbematoru communities of Southern Ijaw Local Government Area of Bayelsa.
“The operatives also destroyed 69 metal drums and two pumping machines used by the oil thieves to operate their illegal refineries,” Nwachukwu said.
He said that the eight suspects would be handed over to relevant prosecuting agencies after preliminary investigations.
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Nigeria Risks Talents Exodus In Oil And Gas Sector – PENGASSAN
The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) says Nigeria risks massive brain drain in the oil and gas sector due to poor remuneration.
Mr Festus Osifo, President of PENGASSAN, said this while briefing newsmen at the end of the National Executive Council (NEC) meeting of the union on Thursday in Abuja.
He said the sector was facing challenges arising from Naira devaluation and inflation, noting that, oil and gas skills remained globally competitive.
“A drilling engineer in Nigeria does the same job as one in the U.S. or Abu Dhabi,” he said.
Osifo said the union must take steps to bridge the wage gap to prevent members from leaving the country for better opportunities abroad.
“If we don’t act, the brain drain seen in other sectors will be child’s play,” he said.
He said PENGASSAN had recorded significant gains through collective bargaining across oil and gas branches.
“We signed numerous agreements across government agencies, IOCs, service and marketing sectors,” he said.
He said the agreements brought relief to members facing rising costs of living, adding that, the association’s duty is to protect members’ jobs and enhance their pay.
Osifo urged companies delaying salary reviews and those foot-dragging as a result of the prevailing economic realities, to do the needful.
He said the industry employed some of the nation’s best talents, making competitive pay critical to retaining skilled workers.
“This industry recruits the best. Companies must provide the best conditions,” he said.
On insecurity, Osifo urged government to take decisive action against terrorism and kidnappings across the country.
“We are tired of condemnations. government must expose sponsors and protect citizens,” he said.
He urged government at all levels to prioritise tackling insecurity through better funding and equipment for security agencies.
Osifo said PENGASSAN supported calls for state police to improve local security response, adding that decentralising policing will protect citizens better than rhetoric.
He also said economic indicators meant little, if food prices remained high and farmers could not return to farms due to insecurity.
“Nigerians want to see food on the table, not macroeconomic figures,” he said.
He urged government to coordinate fiscal and monetary policies to ensure economic gains reach households.
“Translate macro results to food on the table,” he said.
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