A Review of the Nigerian Energy Industry

NNPC, Inter-Agency Committee pledge to check crude oil theft

05 August 2012, Sweetcrude, Abuja – Following the presidential directive for crude oil theft to be stamped out, the Nigerian National Petroleum Corporation (NNPC) has expressed its determination to collaborate with other Federal Government agencies to bring it to an immediate end in the Nigerian maritime industry.

The Group Managing Director of the Corporation, Andrew Yakubu stated this when the Inter Agency Maritime Operation Committee paid him a courtesy call at the NNPC Towers, Abuja.

Yakubu noted that NNPC must rise up to the occasion along with other government agencies to confront and bring to book unscrupulous individuals that have deprived and depleted the nation’s economic resources as a result of their illegal maritime activities.

“The Maritime industry significantly impacts on our industry and we really do appreciate efforts of Mr. President to address particularly issues that border on crude oil theft. We are ready to support the various initiatives of the Federal Government so as to stem the embarrassing trend of illegal bunkering in the maritime industry,” Yakubu stated.

According to him, “We know the impact of bunkering and crude theft on our economy and our environment. These are vices that we must collectively stamp out of our nation. We cannot claim that we are helpless,” he observed.

He decried the daily loss of several thousands of barrels of crude oil to illegal bunkering and said blocking of this leakage would go a long way in improving the standard of living of Nigerians.

Earlier, the Chairman of the Inter Agency Maritime Operation Committee, Rear Admiral E. O. Ogboh said the committee was established a month ago to address the issue of illegal bunkering in the nation’s maritime waters.

Also speaking, the Senior Special Assistant to the President on Maritime, Mr. Leke Oyewole stated that the committee was set up to ensure adequate collaboration among all agencies of government in the nation’s maritime industry in order to maximise the potentials in the industry.

Members of the Inter Agency Maritime Operation Committee are drawn from the NNPC, Nigerian Navy, Air Force, Customs, Police, State security Service and the Judiciary.

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  • As good as it sounds, this amounts to all ‘sound and fury signifying nothing’, absolutely nothing! The Nigerian state is frightfully corrupted beyond remedy. This is a painfully submission, but it is the truth. As long as we hold on to the sorry orientation that drives us as a people – avarice, greed, jealousy and mind blowing corruption, for as long as we remain divided by ethnic, religious, political and whatever other whimsical persuasions that inform our approach to issues, our part to growth and ultimate greatness shall remain cloudy and unattainable.