Wednesday, 31 August 2022 07:10

Churches, mosques, govt officials involved in oil theft, says NNPC chief

Rate this item
(0 votes)

Every section of Nigerian society is complicit in the theft of millions of barrels, the head of state oil company NNPC Ltd said on Tuesday, adding that make-shift pipelines and stolen fuel had even been found in churches and mosques.

Large-scale theft from the nation's pipelines has throttled exports, forced some companies to shut in production and crippled the country's finances.

NNPC chief Mele Kyari said he was not accusing institutions, including government, but at virtually every level of Nigerian society, individuals were siphoning off a total of around 200,000 barrels per day (bpd) from what is typically Africa's largest exporter.

"Some of the pipelines and some of the products that we found are actually in churches and in mosques," Kyari said, adding this meant those complicit included "members of the communities, members of the religious leadership and also, most likely, government officials".

It was not immediately clear if the government had found crude oil, in addition to fuel, in those places.

The impact on exports is a reduction of 700,000 bpd, Kyari said, because theft had forced at least 700 "lock-ins" of oil production.

"No-one produces oil so that the next person can take it," he said. "The wise thing to do is to stop production."

Kyari said some of the pipeline taps were so sophisticated that they ran for 3-4 kilometres and would have involved cranes, industrial equipment and at least 40 workers.

NNPC has engaged companies, including those owned by ex-militants, to stem theft, and Kyari said the nation's anti-graft agency was also following the cash and would prosecute those involved.

Kyari said Nigeria was building a "national reserve company" that would run the pipelines on a commercial basis and would be able to manage theft and other issues differently.

"In the meantime, there is very little else we can do except continue to manage (moving oil) on trucks," he said.

 

Reuters

November 22, 2024

All good leaders have this mindset, no matter their background

David G. Ewing In today’s tech-driven business world, the ability to navigate technological challenges isn’t…
November 22, 2024

Tinubu’s borrowing spree retuning Nigeria back into debt peonage - Atiku

Former Vice President Atiku Abubakar has criticized the President Bola Tinubu-led administration for the increasing…
November 18, 2024

The magic and the minefield of confidence: Self doubt, hubris and everything in between - The Economist

Confidence is contagious. Someone declaring a position with ringing certainty is more likely to inspire…
November 16, 2024

Influencer eats pig feed in extreme attempt to save money

Popular Douyin streamer Kong Yufeng recently sparked controversy in China by eating pig feed on…
November 22, 2024

FG excited as pro-Biafra agitator Simon Ekpa arrested in Finland on terrorism charges

Simon Ekpa, the controversial leader of the pro-Biafra faction Autopilot, was arrested by Finnish authorities…
November 22, 2024

Here’s the latest as Israel-Hamas war enters Day 413

ICC issues arrest warrants for Israel's Netanyahu, Gallant and Hamas leader The International Criminal Court…
November 21, 2024

Nigeria comes top in instant payment system inclusivity index in Africa

Nigeria’s instant payment system is projected to advance to the maturity inclusion spectrum ahead of…
October 27, 2024

Nigeria awarded 3-0 win over Libya after airport fiasco

Nigeria have been awarded a 3-0 victory over Libya, and three vital points, from their…

NEWSSCROLL TEAM: 'Sina Kawonise: Publisher/Editor-in-Chief; Prof Wale Are Olaitan: Editorial Consultant; Femi Kawonise: Head, Production & Administration; Afolabi Ajibola: IT Manager;
Contact Us: [email protected] Tel/WhatsApp: +234 811 395 4049

Copyright © 2015 - 2024 NewsScroll. All rights reserved.