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Home Economy Oil theft: Marketers seek ONSA’s, PAP’s intervention to end menace
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Oil theft: Marketers seek ONSA’s, PAP’s intervention to end menace

By
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-
July 16, 2024
Mallam Nuhu Ribadu National Security Adviser
Mallam Nuhu Ribadu, National Security Adviser, NSA

Oil theft: Marketers seek ONSA’s, PAP’s intervention to end menace

Association of Nigeria Refinery, Petroleum Marketers (ANRPM) has called for collaboration from National Security Adviser, Nuhu Ribadu, on eliminating oil theft.

Listing youth restiveness, irregularities, exploitation, hoarding, sharp practice, artificial scarcity, adulterated product and illegal bunkering as some challenges, it urged Administrator of Presidential Amnesty Programme (PAP), Dennis Otuaro, for support.

National Coordinator of Operation/Administration, Dr. Edison Nwadiaro, spoke with reporters in Abuja, saying 6,438 illegal refineries had been discovered in Niger Delta.

Edison noted “Nigeria will find it difficult to meet its production target because of oil theft on its pipeline.

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“The extent of damage are up to 4,880 illegal connection points along 5,000 Km of pipeline. More of such connections points have not been recovered with 6,438 illegal refineries in Niger Delta despite security agencies in the region.

“It’s obvious, despite the integrity issues with our pipeline and facilities we have Capacity to eradicate crude theft. In 2023 ,Nigeria lost N2.3 trillion in oil theft higher than projected revenue from crude oil and gas sales in 2024, about one trillion naira, Nigeria spent N34.47 billion between 2024 and first half of 2022 to fix pipelines.

“We urge the NSA and Amnesty to work with ANRPM to support this administration in eliminating oil theft, youth restiveness, irregularities, exploitation, hoarding, and other challenges in the sector’’, he said.

 

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Troops Repel Boko Haram Attack in Gwoza, Recover FirearmsTroops Kill Three Terrorist Leaders in Sokoto Ambush, Recover WeaponsNavy Arrests 9 Impostors Operating as Fake Coast Guards in Akwa IbomArmy Dismisses Allegations of Delayed Promotions, Stagnant AllowancesCourt Remands TikToker Arrested by DSS for claiming President Tinubu diedDeath, you can’t be Proud of this By Abdulrahman Abdulraheem Tinubu Mourns Veteran State House Correspondent, Leon UsigbePolice Arrest 22 Cultists in OgunEnugu Police Raid IPOB/ESN Hideout, Nab 25 Militants, Recover FirearmsTroops Eliminate Notorious Bandit Kingpin ‘Dan Dari Biyar’ in Sokoto OperationTinubu, NUJ, Police, and Military Mourn the Death of Gusau EmirCustoms Moves Against 223 Importers in N379bn Permit BreachCOAS Endorses NDC’s Research on Advanced Military TechnologiesAnambra Police Arrest Suspected Child Trafficker, Rescue 11 Abducted ChildrenHis Death is a National Loss - Tinubu Mourns Emir of Gusau
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