Those Managing Nigeria's Oil Must Account for Crude Oil Theft - VP THISDAYLIVE: Nigeria
Vice President Yemi Osinbajo has declared that tackling crude oil theft and sabotage remains a major concern of the Federal Government saying those in charge must be accountable because, besides economic consequences, institutional and personal reputations are at stake.
Noting that the Federal Government prioritised the development of the Niger Delta, as well as the protection of oil assets, the Vice President emphasized that the theft of crude oil and the accompanying attacks on our energy infrastructure, especially in the Niger Delta, have since the inception of the present administration, been of utmost concern.
He noted that President Buhari had enacted the Petroleum Industry Act of 2021 aimed at revitalizing the oil and gas industry. "The project provides air, naval and land assets for surveillance, policing, and search and rescue operations in our coastal waters and our exclusive economic zones".
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