Sunday, the Nigerian National Petroleum Company (NNPC) Limited reported that illegal oil connections cost the country an average of $7,2 million per month. After detecting an illegal connection in Owaza, Abia state, a state-owned oil company made this announcement.
The illicit connection was discovered on Saturday by the oil theft situation assessment delegation deployed by President Bola Ahmed Tinubu to the Niger Delta, according to the video posted by the NNPC on its Twitter (X) account.
In addition, the crew visited the Trans-Niger Pipeline Right of Way in Owaza, Abia, where a number of illegal connections that had been dismantled were observed. Mele Kyari, Group CEO of the NNPC, stated that the clandestine refineries, unlawful bunkering operations, and environmental devastation observed by the team resulted in significant economic losses for the nation.
The CEO of the Group stated that while oil theft on vessels could be monitored, oil-producing communities must play a crucial role in preventing criminal activity within their communities.
“Oil theft is one of the reasons why Nigeria cannot meet her daily OPEC production quota.”
On its energy and You TV program, the NNPC reported that 20 illegal pipeline connections were discovered and 45 illegal refineries were destroyed in the Niger Delta in the past week. From August 12 to August 18, 2023, 116 incidents were reported throughout the Niger Delta.
“The war on crude oil theft has begun,” declared the NNPC. “The collaboration between industry stakeholders and security is producing remarkable results.”
The defense minister, Muhammed Badaru, stated that the government is willing to do whatever it takes for a peaceful Niger Delta. Stop stealing crude oil and engaging in economic sabotage. The national security adviser, Nuhu Ribadu, praised the security agencies, community security contractors, and the NNPC for intensifying their efforts to combat crude theft and economic sabotage.
He stated, “The environment and livelihoods are being destroyed while the federation is deprived of revenue capable of bolstering the economy and strengthening the Naira.”
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