The House of Representatives’, Special Committee on Crude Oil Theft has issued a strong warning against those involved in the act stealing the nation’s oil, vowing that anybody found to be involved in it will face the wrath of the law.
The chairman of the special committee, Hon Ado Doguwa, said in a statement he personally signed, that the federal government will no longer allow such act that lead the country into unnecessary borrowing.
“We cannot in anyway afford to allow our (President Bola) Tinubu, APC-led government continue to wallow into 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 unacceptable vandalisation of our critical infrastructure by vandals and criminals in the creeks, and this has to stop,” he declared.
Doguwa further said that the committee was mandated by the Speaker, Rt. Hon. Tajudeen Abbas to unravel the remote and immediate causes of these devastating economic impacts 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 the committee brings to book the culprits and their political cohorts,” he added.
The lawmaker further warned that, “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.
“The legislative agenda of the 10th National Assembly as rolled out by our leader, the Rt. Hon Speaker Abbas Tajuddeeen, will help the government deliver on its overall commitments to the people of the federal republic of Nigeria.
“We cannot in anyway afford to allow our Tinubu/APC-led government continue to wallow into global borrowing as a result of consequential leakages in the production circle of the oil and gas sector, largely caused by youth restiveness and unacceptable vandalisation of our critical infrastructure by vandals and criminals in the creeks,” he declared.
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