By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
The Capital NGThe Capital NGThe Capital NG
Notification Show More
Font ResizerAa
  • Home
  • News
    • Top News
    • Top Stories
  • Featured
    • Special Features
    • Special Reports
    • Opinion
  • Politics
  • Business
  • Entertainment
    • Highlife
    • Lifestyle
    • Society
  • Sports
Reading: ALERT! Illegal Pipelines Traced To Churches, Mosques, Palaces As Oil Theft Increases – NNPCL Reveals
Share
Font ResizerAa
The Capital NGThe Capital NG
  • Home
  • News
  • Featured
  • Politics
  • Business
  • Entertainment
  • Sports
Search
  • Home
  • News
    • Top News
    • Top Stories
  • Featured
    • Special Features
    • Special Reports
    • Opinion
  • Politics
  • Business
  • Entertainment
    • Highlife
    • Lifestyle
    • Society
  • Sports
Have an existing account? Sign In
Follow US
Business

ALERT! Illegal Pipelines Traced To Churches, Mosques, Palaces As Oil Theft Increases – NNPCL Reveals

October 1, 2024
Share
5 Min Read
JUST IN: NNPCL Announces New Date Port Harcourt Refinery To Kick Off Production
SHARE

The Nigerian National Petroleum Company Limited recently expressed concern about the large scale of oil bunkering in the country, stating that it has traced illegal pipes to sacred institutions, including mosques, churches, and traditional palaces.

- Advertisement -

The agency also said increasing crude oil production from the current 1.7 million barrels per day to three million barrels is achievable.

Chief Corporate Communications Officer of NNPCL, Olufemi Soneye, revealed this during a Stakeholders Engagement Session with the National Assembly Press Corp in Abuja. …CONTINUE READING

ALERT! Illegal Pipelines Traced To Churches, Mosques, Palaces As Oil Theft Increases – NNPCL Reveals

- Advertisement -

JUST IN: NNPCL Announces New Date Port Harcourt Refinery To Kick Off Production

He noted that there are many challenges in the oil sector that must be looked into if the nation’s economy is to survive.

While recalling how a vessel arrested for oil theft was rearrested after three months, Soneye said low prosecution rate of criminals undermines efforts to combat the crime.

His words: “I want everyone who is listening, there is a problem. If we do not take care of these issues, there is a problem.

See also  New Naira Notes: Banks Get N52b Cash Deposits In Two Weeks

“In November last year, we went to look at a vessel that was caught with crewmen. The chief of army staff was there, the military, air force, the police. It was a very large vessel with about 23 crewmen on board.

“They were arrested and handed over to the military. But it interests you that sometime this year, around February, the same vessel was caught in another place.

“Now you ask, what is the prosecution rate of those stealing the oil?. It is less than two per cent. So you can see the result when you see over 2,500 folks being arrested, but then the prosecution rate is two percent.

“It’s a very difficult challenge for NNPC. Somebody was asking the question, why do we engage private security firms? it’s a very good question. The person asked if the military or law enforcement are not doing their job. No, they are doing their job. I can’t stand there and say they are not doing their job. But I will just say this.

See also  Inflation, FX Crises Put Nigerian-Used Cars Out Of Reach

According to Soneye, there is no country in the world, where non-state actors are the ones taking care of national assets, saying there was a time when the production level went below 900,000 barrels a day.

“At that point, the NNPC knew we were in trouble and then we sought help by discussing with the community leaders and private security. And with the help of the private security, production went up to about 1.5 million barrels.

“Now the president formed a committee formed with the military. And working together with the private security companies, now we are between 1.6 and 1.7 million barrels.

“Have the private security really helped us? Yes, they have. Are the military doing their best? Yes, they are.

See also  Seplat Appoints New Chief Operating Officer

“But the important thing that we should take away from here still goes down to what Mr. Durotoye was saying about us being exemplary in what we do. If you take a trip to those places you will see at times that some of these pipes are inserted, if you trace them some of them go into churches, some into mosques and some into palaces of kings.”

Deputy manager, Command and Control Centre of the NNPC, Murtala Muhammad, has disclosed that more than 8,000 illegal refineries have been destroyed within the last six months in the country.

He said 5,800 illegal oil pipeline connections were detected and destroyed within the same period.

Muhammad said oil theft and vandalisation of oil pipelines remained a threat to crude production in the country, listing Bayelsa, Rivers, Imo and Abia among others as the hot spots.

 

- Advertisement -

You Might Also Like

BREAKING: Again, Dangote Refinery Increases Petrol Price; New Rate Emerges

MultiChoice Announces One-Month Free Subscription on DStv; Gives Reason

Dangote, Marketers Announce Fresh Petrol Prices; State-by-State Rates Emerge

CBN Announces Fresh Charges on Transactions Above ₦10,000; Gives Reason

BREAKING: Marketers Announce New Fuel Prices Nationwide Amid High Crude Costs

Quick Link

  • My Bookmark
  • InterestsNew
  • Contact Us
  • Blog Index

Top Categories

Share This Article
Facebook Twitter Email Print
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

- Advertisement -
- Advertisement -
Ad imageAd image
News

BREAKING: NDC Breaks Silence On Deal With Jonathan For 2027 Presidential Ticket

BREAKING: APC Names Tinubu’s Biggest Rival After Consensus Talks Collapse 
President Tinubu Makes New Key Appointment
JUST IN: Lagos Governorship Candidate Joins NDC
BREAKING: Popular APC Federal Lawmaker Resigns, Gives Reason 
Boardroom Redemption: Femi Otedola Pulls off Nigeria’s Most Dramatic Banking Turnaround As FirstHoldCo’s Return On Equity Rockets From 4.6% To 31.6% In A Single Quarter
Court Stops Ex-Governor from Contesting 2027 Election

Follow us

on Social Media
FacebookLike
TwitterFollow
TelegramFollow
Google NewsFollow

Quick Links:

  • About
  • Advertise With Us
  • News
  • Politics
  • Business
  • Sports
  • Featured
  • Entertainment
  • LifeStyle
The Capital NG
CONTACT US:
Email: [email protected]
FacebookLike
TwitterFollow
InstagramFollow
TelegramFollow
Google NewsFollow

ABOUT US: The Capital offers the best of society and entertainment features by situating celebrity news and features in the context of popular culture.

Quick Links:

  • About
  • Advertise With Us
  • News
  • Politics
  • Business
  • Sports
  • Featured
  • Entertainment
  • LifeStyle
The Capital NG
CONTACT US:
Email: [email protected]
FacebookLike
TwitterFollow
InstagramFollow
TelegramFollow
Google NewsFollow

ABOUT US: The Capital offers the best of society and entertainment features by situating celebrity news and features in the context of popular culture.

The Capital NGThe Capital NG
© The Capital News. All Rights Reserved.
  • Contact
  • Blog
  • Complaint
  • Advertise
Welcome Back!

Sign in to your account

Lost your password?