Connect with us

Business

Oil theft: Choose agriculture; a bottle of palm oil is more expensive than a liter of petrol – Heineken Lokpobiri

Published

on

Crude Oil

Nigeria’s Minister of State for Petroleum Resources, Heineken Lokpobiri has appealed to leaders of some communities in the Niger Delta to speak to people in their location about the dangers of crude oil theft.

He asked them to concentrate on agriculture, stating that right now, a litre of palm oil is more expensive than a litre of crude oil.

He said this on Friday, October 27 during a courtesy visit paid to him at his office by leaders of communities in the Niger Delta region.

According to him, there is a critical need to protect the country’s vital oil installations and discourage illegal crude oil bunkering activities.

He called on all citizens, especially those within the communities directly affected and across the nation, to understand the severe and widespread implications of meddling with oil facilities and engaging in illegal bunkering.

While highlighting the government’s commitment to addressing spillage incidents, Lokpobiri underscored the immense value of preventing such events by putting an end to illegal crude oil bunkering.

He said it is a collective responsibility to safeguard Nigeria’s environment, natural resources, and the livelihoods of individuals in oil-producing regions.

According to him, preventing these activities is not only economically beneficial but also crucial for the long-term preservation of Nigeria’s resources and well-being.

He said:

In a recent exclusive report, ThePressNG highlighted that the communities where these crude oil theft activities take place are fully aware of the individuals involved.

Elaborate networks and systems have been established, and community members are somehow linked to these operations.

Some people witness these criminal activities but opt to stay silent. This silence often stems from the severe poverty prevailing in the area, where residents are grappling to meet their basic needs, and stealing crude oil seems like a way to alleviate financial hardships.

It’s important to note that the network involved in crude oil theft encompasses a wide range of individuals and groups.

This includes foreign oil traders, shippers, bankers, refiners, influential politicians, and even military officials.

 

Trending