AFRICA

NNPC Seeks EFCC’s Support In Fight Against Crude Oil Theft

The Nigerian National Petroleum Company Limited (NNPC) has appealed to the Economic and Financial Crimes Commission (EFCC) to help tackle the menace of crude oil theft in the country.

The Group Chief Executive Officer of the company, Mr. Mele Kyari, made the appeal at an interactive session with the EFCC’s helmsman, Mr. Ola Olukoyede, which was held at the NNPC Towers in Abuja on Monday.

Speaking about the efforts by NNPC to eradicate corruption from its system and stem crude oil theft and pipeline vandalism, Kyari contended that going by the volume of oil stolen daily and the brazenness with which the perpetrators operate, crude oil theft was the most humongous and virulent economic crime in Nigeria that must attract the attention of the EFCC.

“As we continue to do our best to deepen transparency and stamp out corruption from the system, there is one big challenge that you will need to help us with, Mr. Chairman.

” That challenge is crude theft. It fits into everything you have said—the people, the asset, the opportunity, and the absence of deterrence.

“We have deactivated 6,409 illegal refineries in the Niger Delta region. Today, we have disconnected up to 4,846 illegal pipes connected to our pipelines, that is out of 5,543 such illegal connection points. That means there are a vast number of such connections that we have not removed.

“These things don’t just happen from the blues. They happen in communities and locations we all know. As we remove one illegal connection, another one comes up. It is sad, Mr. Chairman.

“This kind of thing does not happen anywhere else in the world. When we say illegal connections, they are not invisible things, they are big pipes that require some level of expertise to be installed. Some of them are of the same size as the trunk line itself.

“No one would produce crude oil knowing full well that it is not going to get to the terminal. That is why nobody is putting money into the business. So, you can’t grow production.”

“I believe, personally, that the very purpose of your commission is to curtail economic crimes, and there is no bigger economic crime of this scale anywhere else than what is happening in this area,” the GCEO lamented.

On corruption within the system, Kyari explained that by law, NNPC is required to maintain high ethical standards and has put in place structures and measures to curb discretionary actions which fuel corruption.

He stressed that most processes in the company had been fully automated to discourage arbitrary actions. He disclosed that many issues of corruption reported to the public were either not true or recycled from the past.

In his presentation, the Executive Chairman of EFCC, Olukoyede, expressed satisfaction with NNPC’s commitment to issues of ethics and code of conduct.

He, however, challenged management to ensure that the code of ethics and regulations are complemented with monitoring and enforcement to enhance deterrence. The interactive session was at the instance of  Kyari.

Emmanuel Addeh in Abuja

Follow us on:

AriseNews

Recent Posts

EFCC Arrests Suspects For Alleged Vote Buying In Edo Governorship Election

The EFCC has arrested three suspects for alleged vote buying during the ongoing Edo governorship…

3 hours ago

30,000 Residents Ordered to Evacuate in Central Japan Amid Major Flooding Threat

Evacuations of 30,000 people are underway in central Japan as heavy rains threaten severe flooding,…

3 hours ago

Fire Protection Agency Employee Arrested For Suspected Arson In Northern California

An employee of California's state fire protection agency, known as Cal Fire, has been arrested…

3 hours ago

Mexico: Violence Erupts in Sinaloa as Cartel Clashes Kill At Least 53, Leave 51 Missing

In Mexico's western Sinaloa state, at least 53 people have been killed and 51 others…

4 hours ago

Nigeria Police Arrest Two Suspected Political Thugs, Seize Firearms In Edo Ahead Of Governorship Election

The Nigeria Police Force (NPF) has announced the arrest of two suspected political thugs during…

4 hours ago

Tinubu Eulogises Wife, Oluremi, On 64th Birthday, Gushes About Her Love, Strength, Grace

President Bola Tinubu on Saturday rejoiced with his better half, Oluremi Tinubu, on the occasion…

4 hours ago