Abuja - Minister of of Power, Prof Chinedu Nebo, expressed confidence the new digital system government announced would be effective in curbing oil theft.
Such plans were announced recently amid the widespread problem.
“Government is now set to use digital system to counter this menace,” the minister said.
He promised a robust synergy of all security agencies in the years ahead in tackling the culprits.
Nebo denounced the “unpatriotic acts” of pipeline vandals, describing their actions as “pure sabotage.”
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“These people seem to be against progress of their country, by the way they operate, it is clear that they are sophisticated and have clear understanding of the terrain, whenever we finish repair works, the vandals will strike immediately afterwards,” he said.
Analysts believe with hundreds of billions of Naira lost to vandals stealing oil through damaged pipelines over the years, the costs of oil bunkering have taken some toll on Nigeria’s economy.
Besides loss of human lives, the destruction of oil pipelines has resulted in environment pollution which has impacted negatively on food production.
The country, the biggest producer of the commodity in the continent, is said to be losing more than 180 000 barrels of crude oil per day, valued at $7 billion yearly, to oil thieves and vandalism.
Poverty and joblessness amid abundant oil mineral wealth have been blamed for the setback.
- CAJ News