PENGASSAN: Oil theft is big business in Niger Delta -- all stakeholders are involved | TheCable

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PENGASSAN: Oil theft is big business in Niger Delta — all stakeholders are involved | TheCable

Bunmi AdulojuFestus Osifo, president, Petroleum and Natural Gas Senior Staff Association of Nigeria , has accused stakeholders in the oil and gas sector of complicity in oil theft., threatening to shut down oil production for 30 days if the federal government fails to curb oil theft.said security agents, host communities and international collaborators were conniving to steal the country’s oil.

“There is total collusion going on in the Niger Delta. That collusion cuts across all stakeholders in the industry cuts across all strata of Nigerians,” he said.“It includes the security agencies sent to that particular area to man those pipelines, it includes people from the host communities, it includes people that are not from the host communities, they have international collaborators, they have some people who are even working in the oil and gas industry or may have retired.

Furthermore, the PENGASSAN president said some oil companies cannot meet the salary obligations of their staff due to the impact of oil theft. “We have made various recommendations on what can be done for both the long term and the short run but they are foot-dragging to implement these things. For us, it is out of national interest,” he said.

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When you deprived a people of legitimate means of livelihood, you’re indirectly empowering them to find alternative ways to survive. Stop being stupid. Employ them in the refineries since they have the know how and stealing would diminish

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