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Home Oil and Gas

Senator Nwoko’s Cmte on Crude Oil Theft calls for public hearing

by NewsNet Nigeria
3 months ago
in Oil and Gas
Senate approves Senator Nwoko’s motion for restoration of Aniocha North II State Constituency

Senator Ned Nwoko

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By Austin Oyibode

The chairman of Senate Ad-hoc Committee on Crude Oil Theft, Senator Ned Nwoko has called for public hearing on the issue of crude oil theft in the Niger Delta.

The Niger Delta, home to Nigeria’s vast oil reserves, has long been a region marred by both environmental degradation and socio-economic struggles.

The theft of crude oil, reportedly carried out by well-organized criminal syndicates, has become a critical issue, not only for Nigeria’s economy but also for the sustainability of the oil-rich region.

In his call for a public hearing, Senator Nwoko sought to draw attention to the scale and impact of crude oil theft, a practice that has plagued the country for decades without a sustainable solution.

Besides drawing attention to the impact of crude oil theft, Senator Ned Nwoko seeks to find lasting solution to the menace.

Nigeria is one of the world’s largest oil producers, and crude oil is a primary source of revenue for the nation. However, it is also one of the main drivers of corruption and illicit activities in the country.

Oil theft, or “bunkering” as it is commonly known, involves the illegal extraction of crude oil from pipelines, oil facilities, and other infrastructure in the Niger Delta. These stolen resources are often sold on the black market, or exported outside the country, a development that deprives the government and the people of their rightful earnings.

Senator Nwoko’s call for a public hearing is rooted in his concern about the devastating effects of oil theft on the Niger Delta’s environment and its people. And most importantly its effect on the nation’s economy.

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The environmental damage caused by the illegal tapping of oil pipelines and the subsequent discharge of crude oil into the surrounding ecosystems is catastrophic.

Oil spills have destroyed farmlands, contaminated freshwater sources, and led to the loss of biodiversity in a region that relies heavily on agriculture and fishing for sustenance.

The people of the Niger Delta have long borne the brunt of this environmental degradation, with little to show for the resources extracted from their land.

The senator believes that though the Nigerian government has taken some steps to address the issue of oil theft, there is need for a more structured, transparent, and inclusive approach to tackling the problem.

According to Nwoko, a public hearing would serve as a platform for all stakeholders—government agencies, security agencies, local communities, and oil companies—to come together and discuss the root causes of oil theft and the best ways to curb the menace. He is of the view that without a comprehensive understanding of the problem, any efforts to combat oil theft would remain inadequate.

One of the key points raised by Nwoko in his call for a public hearing is the role of security forces in the region. Despite the significant presence of security personnel, oil theft continues to thrive in the Niger Delta.

Nwoko is of the view that the complex nature of oil theft syndicates and their connections to powerful individuals has made it difficult for security agencies to effectively combat the problem.

Senator Nwoko is also of the belief that oil companies operating in the region should take greater responsibility in safeguarding their assets.

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A public hearing, Nwoko believes, could help hold these companies accountable and encourage them to invest in better infrastructure, such as more secure pipelines, and to collaborate with local communities in finding long-term solutions to the problem.

In addition to addressing the environmental and economic impacts of oil theft, Nwoko’s call for a public hearing is also a call for greater political accountability.

The senator also believes that the Nigerian government must take a more active role in protecting the resources of the Niger Delta and ensuring that the benefits of oil extraction are more equitably distributed among the people.

The senator believes that the public hearing could be an opportunity for lawmakers to engage with the people of the region, the larger Nigerian people and better understand their concerns.

The idea of holding a public hearing on crude oil theft is not without its challenges. The entrenched interests that benefit from the status quo, including criminal syndicates and corrupt individuals, are unlikely to welcome any move that threatens their illegal profits.

However, the senator’s call for transparency and public dialogue is a step in the right direction. It represents a recognition that the issue of crude oil theft cannot be solved through secrecy or piecemeal efforts. A comprehensive, multi-stakeholder approach, with input from all relevant parties, is necessary to bring about meaningful change in the region.

Senator Nwoko believes that the theft of crude oil has exacerbated the economic problems in Nigeria. By addressing oil theft, the Nigerian government could not only improve security and governance in Nigeria but also ensure that the country’s oil wealth benefits all Nigerians, rather than being siphoned off by criminals and corrupt elites.

ALSO READ  Senator Ned Nwoko: A New Era of Principled, People-Centred Representation

It is believed that Senator Ned Nwoko’s call for a public hearing on crude oil theft in the Niger Delta is an important and timely intervention in the ongoing struggle to address one of Nigeria’s most pressing issues.

It demonstrates the need for greater transparency, accountability, and collaboration in tackling oil theft and its associated problems. Senator Nwoko’s advocacy serves as a reminder of the importance of addressing the root causes of oil theft and ensuring that the people of the Niger Delta benefit from the resources that lie beneath their land.

The public hearing is billed to hold on April 28th and 29th, 2025, at the National Assembly Complex, Abuja. This hearing represents a crucial step toward addressing the persistent and damaging issue of crude oil theft in the Niger Delta and beyond.

The underlisted institutions and agencies have been shortlisted to participate in the hearing and also submit memoranda which will be helpful to the committee.

The institutions and agencies invited are government agencies which include NNPCL, CBN, NUPRC, NIMASA, NPA, Nigeria Customs Service; security agencies which include Nigerian Armed Forces, DSS, NSCDC and Nigerian Police.

Others are Industry stakeholders such as NEITI, OPTS, IPPG, IOCs, OML operators and other stakeholders such as shipping lines, crude oil lifters, commercial banks, security firms, oil and gas producing states and communities and members of the public.

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