Connect with us

    Hi, what are you looking for?

    News

    Oil theft, pipeline vandalism impacting negatively on Nigeria’s economy – Aregbesola

    The Minister of Interior, Ogbeni Rauf Aregbesola, says recurring oil theft and pipeline vandalism have negatively impacted on Nigeria’s economy.

    Aregbesola said this when he featured on the News Agency of Nigeria (NAN) Forum in Abuja.

    He said it was binding on well meaning Nigerians to protect the nation’s Critical Assets and Infrastructure.

    “It is now a national duty if not an emergency, because it is impacting so badly on our revenue and economy,” the minister said.

    According to him, the interior ministry is working with other agencies to eliminate threats to pipelines across the country.

    “We are working together with other security agencies to eliminate, reduce, if not totally eliminate threats to our installations of oil pipelines,” he added.

    He said that the ministry was not taking the issue of vandalism softly, as it had taken steps to strengthen the capacity of the Nigeria Security and Civil Defence Corps (NSCDC).

    “We are pursuing and strengthening our own service that is engaged in the protection of critical national assets, which includes oil pipelines.

    “Nigerians must know that we are up to the task and we are not leaving any stone unturned because we are committed.

    “Last month, I inaugurated six armored gun boats to enhance the capacity of NSCDC’s work.

    “The Corps Anti-Vandalism Unit was also recently disbanded and reformed”, he said.

    According to the minister, oil is the nation’s life line, as such oil theft is a great danger to the nation’s economy and environment. (NAN)

    Spread the love
    Click to comment

    Leave a Reply

    Your email address will not be published.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

    ad

    You May Also Like

    News

    The Enugu State Government has accused Olasijibomi Ogundele, CEO of Sujimoto Luxury Construction Limited, of defrauding the state of N5.7 billion paid for the...

    Broadcasting

    Gauteng High Court, Johannesburg, has awarded damages of more than R2.6 million to the girlfriend of a Nigerian citizen who was suffocated to d3ath...

    E-Financial

    The Bank of Ghana (BoG) has announced the suspension of the foreign exchange trading licence of United Bank for Africa (UBA) Ghana, effective September...

    E-Financial

    The Bank of Ghana (BoG) has suspended the remittance partnerships of several fintech companies including Flutterwave, Tap Tap Send, and others for a period...