• Privacy Policy
  • Terms
  • About us
  • Contact Us
  • Staff Email
Sunday, August 17, 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

‎Tinubu in fresh ideas to grassroots-development using 8,809 wards initiative – TMSG ‎

‎Obi’s One-Term Proposal, a gambit to grab power at all costs -Group ‎

National Single Window initiative, a major step for efficient cross-border trade – TMSG

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

Tinubu explains mission as he marks second year in office
Economy/Technology

‎Tinubu in fresh ideas to grassroots-development using 8,809 wards initiative – TMSG ‎

August 9, 2025
Obi, PDP candidate advises Buhari to increase tempo
Economy/Technology

‎Obi’s One-Term Proposal, a gambit to grab power at all costs -Group ‎

August 7, 2025
Importers face delays, higher costs on Red Sea woes
Economy/Technology

National Single Window initiative, a major step for efficient cross-border trade – TMSG

August 4, 2025
Chatham House stance on Nigeria’s economy, a non-biased assessment of  reforms
Economy/Technology

‎Group celebrates 45% increase in federal revenue in just one month

July 28, 2025
POLICY STATEMENT 027 BY THE INDEPENDENT MEDIA AND POLICY INITIATIVE (IMPI)
Economy/Technology

Alleged Wasteful Turn Around Maintenance (TAM) of Refineries: Setting the records straight

July 25, 2025
Dangote Fertilizer in gas supply deal
Economy/Technology

IMPI seeks forensic audit of refineries from 2000 to 2023 ‎ ‎

July 25, 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

Infrastructure gulp N2,7tn in Nigeria

FIRS knocks Tax Credit Scheme on road construction

February 15, 2024
Nigeria to allocate $200m for creation of agricultural service centres

NEPC tasks farmers on quality, affordable produce

July 1, 2022
Minimum wage a reality – Labour

Get ready for NLC in September over palliatives

September 1, 2023

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

  • ‎Tinubu in fresh ideas to grassroots-development using 8,809 wards initiative – TMSG ‎
  • ‎Obi’s One-Term Proposal, a gambit to grab power at all costs -Group ‎
  • National Single Window initiative, a major step for efficient cross-border trade – TMSG

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