Nigeria Budgets $1Billion To Fight Oil Theft

President Goodluck Ebele Jonathan said Sunday at The Hague that the Federal Government has earmarked one billion U.S Dollars for the implementation of a comprehensive programme to check crude oil theft, the vandalism of oil and gas infrastructure, and the apprehension and prosecution of crude oil thieves.

Speaking at separate meetings with the Prime Minister of the Netherlands, Mr. Mark Rutte and the Chief Executive Officer of Shell International, Mr. Ben van Beurden, President Jonathan said that a technical committee has already been set up to look into all aspects of the implementation of the programme.

This, the President said, will include further action to enhance the security of pipelines and other oil industry infrastructure, resolve community-related issues, boost youth empowerment in oil-producing areas and enhance the commitment of oil companies to the discharge of their corporate social responsibilities.

President Jonathan said that the fresh onslaught against oil theft planned by his administration will require the maximum co-operation of the international community, especially countries like the Netherlands which are major stakeholders in the global oil industry.

“Oil theft is an aspect of global terrorism, which has become a big industry on its own. It has become a major threat to the Nigerian economy and we need to work with all stakeholders to curb it. The thieves must be traced, apprehended and prosecuted”, the President who is in the Netherlands for the 2014 global Nuclear Security Summit said.

The Dutch Prime Minister assured the President of the commitment of the Netherlands to concerted action against crude oil theft and global terrorism.
Mr. Rutte who remarked that President Jonathan’s visit affirmed the strong ties between Nigeria and the Netherlands, also assured the President of the willingness of The Netherlands to collaborate more with Nigeria on environmental and security issues, particularly in the Niger Delta.

He praised Nigeria’s leadership role in promoting regional security in West Africa, and welcomed the signing of an agreement on immigration between both countries as well as the strong trade relations between Nigeria and The Netherlands.

“The President’s visit is an open testimony of the strong ties between Nigeria and Netherlands. Nigeria is Netherlands’ main trading partner in Africa and the Netherlands is the second biggest European investor in Nigeria,” the Dutch Prime Minister said.

Posted: at 24-03-2014 08:56 AM (10 years ago) | Gistmaniac

Since you politicians are stealing the money from the sales of Oil,others decided they can steal the Oil directly.I personally do not see anything wrong with that,not until you people in Abuja and the state governments stop stealing the money from the sales of Oil,it is then and only then that you people can have the moral right to fight the people that steals the Oil directly.

Posted: at 24-03-2014 09:42 AM (10 years ago) | Gistmaniac

 

Posted: at 24-03-2014 10:17 AM (10 years ago) | Hero

And who are those thieves?

Posted: at 24-03-2014 10:49 AM (10 years ago) | Hero

na dem na

Posted: at 24-03-2014 11:16 AM (10 years ago) | Addicted Hero

Una don tire? We don d̶̲̥̅̊ε̲̣̣̣̥y survive, so we go still d̶̲̥̅̊ε̲̣̣̣̥y survive.God d̶̲̥̅̊ε̲̣̣̣̥y!

Posted: at 24-03-2014 11:43 AM (10 years ago) | Newbie

ok

Posted: at 24-03-2014 11:53 AM (10 years ago) | Gistmaniac

u say?

Posted: at 24-03-2014 01:24 PM (10 years ago) | Gistmaniac

Ok o

Posted: at 24-03-2014 02:24 PM (10 years ago) | Hero

there is something really baffled me to those some  of Nigeria citizen  whose occupy position in govt offices,they dont really want to establish or make the God giving country a better one, so as even the poor ones ll be at least be proud of their country,or  all these they re doing is the best they can bring out from all the knowledge they re claiming that they acquires or its just wickedness? now they want to use 1B Naira,to fight the oil pipe line crimes,so interesting boc that is mostly were they get big looting money,therefore they ll not play with that,a country were the most hard working people cannot feed them self, example a bricklayer in a day earning 3,000 naira a day,then the serviceman ll get 2,000 naira,maybe after the day work and before getting home maybe 800 to 1000 naira might ve gone out of the money,then how he is going to give the wife for cooking,paying house rent ,children school fees,clothing,hospital bill,why would people commit crime to survive,the govt need to address the cost of labour and other many things alike.

GOD punish ur English teacher

Posted: at 24-03-2014 04:49 PM (10 years ago) | Gistmaniac