• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Thursday, June 4, 2026
Leadership Newspapers
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
Hausa Edition
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

Federal Govt Risks Billions of Naira Over Delayed Critical Pipeline Surveillance Contracts Renewal – Group

Anayo Onukwugha by Anayo Onukwugha
2 months ago
in Business
pipeline vandalism
Share on WhatsAppShare on FacebookShare on XTelegram

The Movement for the Survival of Izon Ethnic Nationality in the Niger Delta (MOSIEND), has said the federal government risks losing billions of Naira in revenue if it continues delaying the renewal of critical pipeline surveillance contracts, which expired in December 2025.

Describing the situation as dangerous, the Ijaw group warned that the administrative bottleneck threatens national revenue, jeopardises community stability, and risks reversing decades of progress in combating oil theft and environmental degradation.

MOSIEND, in a statement by its president, Dr. Kennedy West, said over the past two years effective surveillance operations by some companies, especially Pipeline Infrastructure Nigeria Limited and Tantita Security Services Limited, have helped reduce oil theft by over 70 per cent in targeted waterways.

The group stated that the initiatives have directly employed thousands of youths, providing lawful income and deterring return to illegal bunkering.

It warned that the federal government could be lossing billions of Naira annually to crude oil theft as none renewal of surveillance contracts are delayed.

“The Movement for the Survival of the Izon Ethnic Nationality in the Niger Delta (MOSIEND) raises urgent alarm over the dangerous delay in renewing critical pipeline surveillance contracts, which expired in December last year.

“This administrative bottleneck threatens national revenue, jeopardizes community stability, and risks reversing decades of progress in combating oil theft and environmental degradation.

“Over the past two years effective surveillance operations by companies such as Pipeline Infrastructure Nigeria Limited and Tantita Security Services Ltd have helped reduce oil theft by over 70 per cent in targeted waterways.

RELATED NEWS

Dangote Refinery Ramps Up To 700,000 Barrels Per Day, Strengthening Africa’s Energy Landscape

Falana To FG: Recover $118.67bn, N66.4bn in Outstanding Oil Sector Funds

FG Reiterates Commitment To Agge Deep Sea Port Actualisation

“These initiatives have directly employed thousands of youths, providing lawful income and deterring return to illegal bunkering.

“The federal government has been losing billions of naira annually to crude oil theft, a figure that could escalate dramatically if surveillance contracts remain unrenewed.

“Environmental degradation, pipeline vandalism, and waterway insecurity rise sharply when surveillance operations are halted, causing long-term damage to communities and ecosystems.

“The vacuum created by the delay has emboldened illicit actors and revived covert calls for decentralization—an approach historically proven to fragment oversight, reduce accountability, and increase criminal activity.

“Past attempts to decentralise surveillance operations, including during the Goodluck Jonathan era, led to spikes in oil theft and marginalisation of local stakeholders. MOSIEND warns that repeating this mistake now could trigger even greater losses,” the statement said.

 

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

Nigerians can invest ₦2.5million on premium domains and earn about ₦17-25Million. Earnings in USD. Rather than wonder, click here to find out how it works
Anayo Onukwugha

Anayo Onukwugha

Anayo Onukwugha is a multiple award‑winning journalist with more than 20 years of experience. A former assistant secretary and acting secretary of the Rivers State Council of the Nigeria Union of Journalists, he now works with LEADERSHIP Newspaper. His articles address issues relating to the oil‑rich Niger Delta region, Nigeria and broader global topics. He shares his reporting journey on X at @aonukwugha.

OTHER NEWS UPDATES

‘No Special Treatment For MRS, All Marketers Buy Petrol On Equal Terms’, Dangote Clarifies
Business

Dangote Refinery Ramps Up To 700,000 Barrels Per Day, Strengthening Africa’s Energy Landscape

1 hour ago
Falana To FG: Recover $118.67bn, N66.4bn in Outstanding Oil Sector Funds
Business

Falana To FG: Recover $118.67bn, N66.4bn in Outstanding Oil Sector Funds

1 hour ago
Senate Gives NNPCL April 29 Deadline Over ₦210trn Audit Query
Business

FG Reiterates Commitment To Agge Deep Sea Port Actualisation

2 hours ago
Next Post
Dangote Refinery Exports 456,000 Tonnes Of Fuel To Ghana, Togo, Others

Dangote Refinery Says Initial Public Offering Proposal Not Yet Firmed Up

Advertisement

LATEST UPDATE

Signs Pacts With Ukrainian Partners, 15 Others To Boost Energy

36 minutes ago

Anambra Launches Free Hypertension Screening Across Public Hospitals

37 minutes ago

Bauchi Court Dismisses PRP Primary Suit, Orders Claimant To Pay N2m Costs

39 minutes ago

Tinubu Nominates Marwa To Replace Namdas On NDDC Board

42 minutes ago

David Beckham To Receive Hollywood Walk Of Fame Star

1 hour ago
Load More
Advertisement
Facebook Twitter Instagram Youtube Whatsapp

© 2026 LEADERSHIP Media Group - All Rights Reserved | Hausa | Online Casino.

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

© 2026 LEADERSHIP Media Group - All Rights Reserved | Hausa | Online Casino.