Latest News

Niger Delta lost $1.35bn to oil theft in 2019 first quarter —Obaseki

EDO State governor, Mr Godwin Obaseki, has flayed the incessant cases of oil theft in the Niger Delta, bemoaning the loss of about 22 million barrels of crude oil in the first quarter of 2019, estimated at $1.35 billion.

The governor disclosed this when he received members of national executive committee of the pan-Niger Delta Forum (PANDEF), who were in the Government House, Benin City, on a courtesy visit.

Obaseki wondered how, in spite of militarisation in the Niger Delta region, such huge volume of crude oil could be stolen to the detriment of the development of the area and country.

“What is really worrisome for me, having chaired the NEC committee on stolen crude oil, is the extent of militarisation in our region.

“About 22 million barrels of crude oil cannot be accounted for in the first half of this year with an estimated cost of almost $1.35 billion, which is going to non-state actors operating in the region,” he said.

The governor added that some people claimed to have spent a lot of money in the last decade to develop the region, but there was no evidence on the ground to show for it.

“There is the need to use the region’s assets for economic growth to prevent people of the Niger-Delta from being shortchanged and its resources used as slush funds.

“Edo is an integral part of the Niger-Delta, we are so strategically positioned as we are the entry point to the Niger Delta.

“As a state, we have tried to advance some of the issues in the 16-point agenda presented to President Muhammadu Buhari on November 1, 2016, by over 100 senior people of the region in a bid to find peace,” he said.

He continued: “The way we utilise the resources we get as a region for the benefit of our people is an issue to be taken seriously, as we have to demonstrate the commitment to develop the region and make life better for our people.”

Obaseki called on leaders in the region to be accountable, noting that “accountability should be the guiding principle. The region has the quality of leaders to achieve development for its people.”

ALSO READ: Buhari signs Deep Offshore Bill into law in London

Earlier, PANDEF national chairman, Air Commodore Idongesit Nkanga (retd), had stressed that there was a pending 16-point agenda submitted to President Buhari in 2016 on issues of infrastructural development and peace in the region.

He appealed to the governor to lend his voice to the clamour for fiscal federalism to bring progress to the Niger Delta, while urging politicians to close ranks for the good of the region.

Former Inspector-General of Police, Dr Solomon Arase, who is the Edo State chairman of PANDEF, said it was necessary to brief the governor on pending issues affecting the region, which required the Federal Government’s attention.

Arase noted that PANDEF was managing perceived injustice to the Niger Delta region in a non-violent manner with the expectation that such would be addressed.

David Olagunju

Recent Posts

Niger Assembly urges aid for rainstorm victims

Niger State House of Assembly has called on the executive arm of government to provide…

7 minutes ago

How to survive Lagos without losing your mind

Living in Lagos is an adventure in itself. That’s why they say Lagos is not…

17 minutes ago

Senate Committee lauds Bauchi council chairperson’s projects

The Senate Committee on States and Local Governments has commended Executive Chairperson of Toro Local…

30 minutes ago

LP crisis: Abure-led NWC suspends Otti, Kingibe, Nwokocha, others

•As Usman-led NCC gives Abure 48hrs to stop parading self as chairman•NCC raises disciplinary panel,…

52 minutes ago

Minister, Atomic Energy Commission mull collaboration on power generation

AS part of the efforts towards expanding the scope of electricity supply to Nigerians, the…

1 hour ago

NEPC, NBS partner over informal cross-border trade data collection

The Nigerian Export Promotion Council (NEPC) and Nigerian Bureau of Statistics (NBS) have entered into…

1 hour ago

Welcome

Install

This website uses cookies.