Mkpoikana Udoma
Port Harcourt -The Senate Ad-hoc Committee on Oil Theft, Tuesday, arrived Port Harcourt, the Rivers State capital, on a fact-finding mission to investigate the mystery behind oil theft in the country, both onshore and offshore.
Chairman of the Committee, Sen. Albert Bassey Akpan, while speaking to newsmen in Port Harcourt, lamented that Nigeria was not only losing huge revenue to massive stealing of crude oil, but is also unable to meet the quota allocated to it by the Organization of the Petroleum Exporting Countries, OPEC.
Akpan, who is also the Chairman, Senate Committee on Petroleum (Upstream), said the Committee will visit some onshore and offshore oil facilities in the Niger Delta, as part of its fact finding mission.
The Chairman further disclosed that the Committee will, after the investigation, submit its report to the National Assembly with appropriate recommendations.
He said: “Our intention is to visit every oil terminal located in the Niger Delta Region to see things for ourselves; the reasons for oil theft, the reason for oil revenue losses.
“Because we at the National Assembly believe that the local refining capacity as a result of artisanal refineries cannot equate the losses being recorded.
“We believe that there are other areas where the country loses this huge revenue and resources. So, it is a serious job we are out here to do”.
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