Tuesday, 02 July 2024 04:39

90 percent of diesel in fuel stations produced from crude oil stolen by communities, N’Delta security firm alleges

Rate this item
(0 votes)

Tantita Security Services Nigeria Limited has alleged that oil companies purchase refined Automotive Gas Oil, commonly known as diesel, from illegal refineries in various host communities in the Niger Delta region. This claim was made on Monday during the Nigeria Oil and Gas Energy Week Conference in Abuja.

Tantita Security Services, headquartered in Warri, Delta State, specializes in providing security solutions for the oil and gas sector, including services for the Nigerian National Petroleum Company Limited.

Speaking at a session titled “Exploring Nigerian Content Solutions to Meet Energy Demand,” Warredi Enisuoh, the Executive Director of Operations and Technical at Tantita Security Services, stated that illegal refineries produce large volumes of diesel, which are bought by many downstream operators, including oil companies. He emphasized that the crackdown on these refineries by Tantita and other security agencies has led to an increase in diesel prices.

“Why is there no scarcity of diesel while there is scarcity of PMS (Premium Motor Spirit, commonly known as petrol)? The story is simple: most of the diesel you buy is produced by the communities. About 90 percent of the diesel in the fuel stations is produced by the communities. It will also interest you to know that even the oil companies patronize the local communities. Don’t let anybody deceive you; they (oil companies) also patronize the local communities,” Enisuoh declared.

Enisuoh explained that addressing energy demand with Nigerian content solutions requires focusing on local communities. He insisted that without the intervention of security agencies like Tantita, the production of illegal diesel would continue to rise.

“The reason why the price of diesel is high today is because of the work of private security companies like my company, Tantita Security Services. This is because we have been able to cut down on a lot of the businesses of the illegal refineries. This is why you see the cost of diesel going up,” he stated.

July 04, 2024

Workers protest at food company leaves one dead, others injured in Oyo

A two-day protest by factory workers at Sumal Foods Limited, Ibadan, Oyo State, has left…
June 30, 2024

Operating 4 Budgets simultaneously irresponsible, Peter Obi carpets FG

Peter Obi, former presidential candidate of the Labour Party in the 2023 election, has sharply…
June 30, 2024

12 little acts of kindness: What friends and strangers did for each other in their hour of need

I have a fond memory from a Monday a month or so after my mum…
July 02, 2024

Suicide bombers paid as low as N20, security expert says

Sadiq Shehu, a retired Army captain and security analyst, has said that some of the…
July 02, 2024

Nigerian customs seizes weapons, cough syrup in twin busts

Nigerian customs agents have seized more than 800 rifles and 100,000 rounds of ammunition hidden…
July 04, 2024

Here’s the latest as Israel-Hamas war enters Day 272

Gaza ceasefire effort shows signs of revival as Israel pounds enclave Signs of renewed activity…
June 19, 2024

Chips maker Nvidia rises to world’s most valuable company

Nvidia has become the world’s most valuable company following a staggering rally in its shares,…
June 18, 2024

Amusan secures fourth straight national title in 100m hurdles

Tobi Amusan has claimed her fourth consecutive national title in the women’s 100 metres hurdles…

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.