The National Assembly’s Special Committee on Crude Oil Theft has declared that the days of illegally siphoning the nation’s crude oil are numbered, warning that anyone caught engaging in such activities will be prosecuted to the fullest extent of the law.
The chairman of the committee, Alhaji Ado Doguwa, issued this caution in a statement released to the press on Saturday.
He said, “We can not in anyway afford to allow our Tinubu/APC-led government to continue to wallow in global borrowing as a result of consequential leakages in the production circle of the oil and gas sector.
“The unfortunate act is largely caused by youth restiveness and the unacceptable vandalism of our critical infrastructure by vandals and criminals in the creeks, and this has to stop.”
He said that the committee was charged by the Speaker of the House of Representatives, Tajudeen Abbas, to identify the immediate root causes of the “devastating economic earthquake within the oil and gas sector of the nation’s economy.”
“The committee vows to do all it takes to save the present Tinubu-led administration from these unfortunate happenings in the oil-producing areas.
“We will make sure that the committee brings to book the culprits and their political cohorts.
“The attendant consequences of these dastardly crimes against the economy will obviously not allow our economy to breath.
“President Tinubu’s commitment and determination to bring prosperity and economic wellbeing to our people is non-negotiable by whatever guise,” he reiterated.
He asserted that the legislative plan of the 10th National Assembly will assist the government in fulfilling its broader promises to the Nigerian people.
“The committee vows to do all it takes to save the present Tinubu-led administration from these unfortunate happenings in the oil-producing areas.
“We will make sure the committee brings to book the culprits and their political cohorts,” Doguwa added.
