THISDAY

NNPC Seeks EFCC’s Support in Fight against Crude Oil Theft

- Emmanuel Addeh

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 held at the NNPC Towers in Abuja yesterday.

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.

Newspapers in English

Newspapers from Nigeria