• Privacy Policy
  • Terms
  • About us
  • Contact Us
  • Staff Email
Thursday, October 23, 2025
  • Login
TheMattersPress
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
TheMattersPress
No Result
View All Result
Home Natural Resources

Nigeria moves to halt crude oil theft, protect national asset

Oil

The Matters Press by The Matters Press
March 24, 2022
Reading Time: 2 mins read
0
Group bemoans level of crude oil theft

The Federal Government says it is determined to stop the devastation occasioned by the activities of illegal refiners, pipeline vandalism and crude oil theft in the country.

RELATED POSTS

Nigeria’s Poor Get a Makeover: A Critical Analysis of Tinubu’s application of the law of requisite varieties in the reduction of poverty in Nigeria

‎IMPI revises inflation rate projection to 14% from 17% for December

CSOs give thumps-up to Tinubu’s ONSA-NCTC, back Trump aide’s dismissal of Christian genocide in Nigeria

Chief Timipre Sylva, Minister of State Petroleum Resources said this on Wednesday at Bonny Island, Rivers State while addressing officers of the 146 Battalion and other security agencies represented in the fight against oil theft.

Sylva was on an assessment tour on some illegal mining sites at the Niger Delta region creek with Maj. Gen. Lucky Irabor, Chief of Defence Staff and Malam Mele Kyari, Group Managing Director, NNPC among other dignitaries.

Sylva said President Muhammadu Buhari had directed that the illegal activities must stop and had called for an assessment of the devastation occasioned by the activities of the criminals.

Addressing officers of the 146 Battalion, Sylva said “You are here on a mission, I commend you for all the good work you have done our nation depends on this asset to survive , oil and gas is one of the major sustaining asset of the country.

“ Unfortunately, we have had a lot of insecurity around oil facilities and pipelines, this can no.longer be condoned. Mr President has directed that this must stop.

“You are here as gallant officers to protect these facilities, hence forth we will be working closely with you to ensure that there is zero loss to our production.

“You have done so well so far as the Chief of Defence Staff said, there is still ground to cover, so let us all work together and protect these national assets for the good of all,” the minister said.

The minister said the final solution to the problem required three elements which included involvement of the community, the government security and the operating companies.

He said the government was determined to stop it because it could not afford the continuation of the insecurity in the industry adding that the criminals have their days numbered.

“We are here to reclaim this industry for the country because the country has lost so much from the activities of these criminals and government can no longer afford these activities,” the minister said.

Also speaking, Maj. Gen. Lucky Irabor, Chief of Defence Staff, said the assessment became necessary because of the economic loses being witnessed in the oil and gas sector.

Irabor said the economic losses were so huge and currently the economy of the country was bleeding.

“We urge you to revert the trend,” he charged the 146 battalion.
According to the CDS, our drive is to look at the value chain within the oil and gas space and get the actual criminals and those supporting them.

Tags: Oil
ShareTweetPin
The Matters Press

The Matters Press

Related Posts

POLICY STATEMENT 027 BY THE INDEPENDENT MEDIA AND POLICY INITIATIVE (IMPI)
Economy/Technology

Nigeria’s Poor Get a Makeover: A Critical Analysis of Tinubu’s application of the law of requisite varieties in the reduction of poverty in Nigeria

October 22, 2025
NBS reports increase in Inflation
Economy/Technology

‎IMPI revises inflation rate projection to 14% from 17% for December

October 22, 2025
CSOs give  thumps-up to Tinubu’s ONSA-NCTC, back Trump aide’s dismissal of Christian genocide in Nigeria
Agriculture

CSOs give thumps-up to Tinubu’s ONSA-NCTC, back Trump aide’s dismissal of Christian genocide in Nigeria

October 22, 2025
Standing With the Bello Family – Justice Must Never Be Cheapened
Energy

Standing With the Bello Family – Justice Must Never Be Cheapened

October 17, 2025
You led with distinction, CG of Customs, hails former boss,  Mohammed at 80
Economy/Technology

You led with distinction, CG of Customs, hails former boss, Mohammed at 80

October 10, 2025
Consumer commission, CBN, EFCC investigate violations in money lending
Economy/Technology

Think Tank welcomes first interest cut in 5 years, notes that CBN decision aligns with its projection ‎

September 24, 2025
Next Post
Nigeria plans to increase petrol pump price despite spike in inflation, unemployment

Scarcity of Forex causes fuel shortage

Trading in Nigerian stock market dips further N83bn

Gains in blue-chip stocks boost equities market by 0.02%

Recommended Stories

Dangote refinery confirms receiving crude oil to start production

Dangote Refinery registers distributors

January 20, 2024

FEC endorses AU Convention on Cross Border Cooperation

March 1, 2023
Nigeria to allocate $200m for creation of agricultural service centres

Association seeks empowerment of women farmers

August 25, 2022

Popular Stories

  • Rising prices of goods cause protests in Morocco

    Rising prices of goods cause protests in Morocco

    0 shares
    Share 0 Tweet 0
  • NLNG not responsible for gas supply shortfall, price hike

    0 shares
    Share 0 Tweet 0
  • NCC sets fresh operational fees, spectrum prices for telecom operators

    0 shares
    Share 0 Tweet 0
  • Hoarding causes hike in prices of grains

    0 shares
    Share 0 Tweet 0
  • Prices of Petrol, diesel increase in November

    0 shares
    Share 0 Tweet 0
TheMattersPress

We bring you the best news update in Nigeria

LEARN MORE »

Recent Posts

  • Nigeria’s Poor Get a Makeover: A Critical Analysis of Tinubu’s application of the law of requisite varieties in the reduction of poverty in Nigeria
  • ‎IMPI revises inflation rate projection to 14% from 17% for December
  • CSOs give thumps-up to Tinubu’s ONSA-NCTC, back Trump aide’s dismissal of Christian genocide in Nigeria

Categories

  • Agriculture
  • Economy/Technology
  • Energy
  • Entertainment/sports
  • Features
  • Foreign
  • Multimedia
  • Natural Resources
  • News
  • Oil and Gas
  • Photo
  • Politics
  • Security
  • Thematterspress
  • Uncategorized
  • Video

© 2025 Domo Tech World - Powered by Thematterspress.

No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us

© 2025 Domo Tech World - Powered by Thematterspress.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Call Us