• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Wednesday, May 14, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

Crude Oil Theft: NNPC Deactivates 6,409 Illegal Refineries, Seeks EFCC’s Support

by Nse Anthony - Uko
1 year ago
in Business
Share on WhatsAppShare on FacebookShare on XTelegram

The group chief executive officer of the Nigerian National Petroleum Company Limited (NNPCL), Mele Kyari, has disclosed that the company deactivated 6409 illegal refineries in the Niger Delta region of the country.

Advertisement

Kyari disclosed this while receiving the chairman of the Economic and Financial Crimes Commission (EFCC), Ola Olukoyede, in his office in Abuja.

The NNPCL boss who solicited the support of the anti-graft agency in tackling the menace of crude oil theft in the country, said that going by the volume of oil stolen daily and the brazenness with which the perpetrators operate, crude oil theft was the most humongous and virulent economic crime in Nigeria that must attract the attention of the EFCC.

According to him, “We have deactivated 6,409 illegal refineries in the Niger Delta region. Today, we have disconnected up to 4,846 illegal pipes connected to our pipelines, that is out of 5,543 such illegal connection points. That means there are a vast number of such connections that we have not removed.

“These things don’t just happen from the blues. They happen in communities and locations we all know. As we remove one illegal connection, another one comes up.

RELATED

Fidson Invests ₦3.7bn To Boost Local Pharma Production In 2024

Fidson Invests ₦3.7bn To Boost Local Pharma Production In 2024

10 hours ago
NRC Suspends Rail Services ln Delta

Vandalism: NRC Averts Train Accident Along Warri-Itakpe Railway Corridor

13 hours ago

“This kind of thing does not happen anywhere else in the world. When we say illegal connections, they are not invisible things, they are big pipes that require some level of expertise to be installed. Some of them are of the same size as the trunk line itself. No one would produce crude oil knowing fully well that it is not going to get to the terminal. That is why nobody is putting money into the business. So, you can’t grow production,” he said.

The GCEO, seeking partnership with the EFCC to curb the menace of oil theft, said that the very purpose of the commission is to curtail economic crimes, and there is no bigger economic crime than what is happening in the oil and gas sector.

On corruption within the system, Kyari explained that by law, NNPC Ltd is required to maintain high ethical standards and has put in place structures and measures to curb discretionary actions which fuel corruption, stressing that most processes in the company have been fully automated to discourage arbitrary actions.

In his presentation, Ola Olukoyede, the Executive Chairman of EFCC, expressed satisfaction with NNPC Ltd.’s commitment to issues of ethics and code of conduct.

He, however, challenged management to ensure that the codes of ethics and regulations are complemented with monitoring and enforcement to enhance deterrence.

 


We’ve got the edge. Get real-time reports, breaking scoops, and exclusive angles delivered straight to your phone. Don’t settle for stale news. Join LEADERSHIP NEWS on WhatsApp for 24/7 updates →

Join Our WhatsApp Channel



Tags: efccNNPC
SendShareTweetShare
Previous Post

Don’t Impeach Shaibu, Catholic Groups Tell Edo Assembly

Next Post

Mitigate High Rate Of Failed Transactions, Reverse Immediately, Reps Urge Banks

Nse Anthony - Uko

Nse Anthony - Uko

You May Like

Fidson Invests ₦3.7bn To Boost Local Pharma Production In 2024
Business

Fidson Invests ₦3.7bn To Boost Local Pharma Production In 2024

2025/05/14
NRC Suspends Rail Services ln Delta
Business

Vandalism: NRC Averts Train Accident Along Warri-Itakpe Railway Corridor

2025/05/14
External Reserves Dip 6.5% YTD On Debt Servicing, Dollar Sales
Business

External Reserves Dip 6.5% YTD On Debt Servicing, Dollar Sales

2025/05/14
CBN Reassures Public On Bank Deposit Safety, Dismisses Licence Revocation Fears
Business

CBN Unveils Non-resident BVN Platform, Targets $1bn Monthly Diaspora Remittance

2025/05/14
Business

Poor Infrastructure Affecting Tax Compliance – Market Groups

2025/05/14
NAICOM Mandates Insurers To Upload Additional Documents For Post Placement Report
Business

NAICOM Launches Revised Insurance Regulation For Leased Aircraft

2025/05/14
Leadership Conference advertisement

LATEST

Glitches: JAMB Reschedules 2025 UTME For 379,997 Candidates In Lagos, South-East States

Bill To Establish Agric Economics Institute Passes Second Reading In House of Reps

NCAA Urged To Enforce Disabilities Law In Aviation Sector

US President Trump In Historic Visit To Qatar

Japa: 30% Lagos Workers Sent On Training Abroad Abscond

Ugochinyere Hails PDP Workers For Backing Govs, NWC On Koshoedo As Acting Secretary

Federal Gov’t Bans Underage Gambling, Launches New Gaming Regulations In FCT

Again, South-East PDP Nominates Udeh-Okoye As Party’s National Secretary

BREAKING: Technical Glitches Affected 2025 UTME Results, JAMB Confirms

JUST-IN: Nollywood Actress Monalisa Stephen Dies At 33

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.