‘It’s an elitist business’ — Mele Kyari seeks special court for oil theft cases – TheCable

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Oil producers in Nigeriathe illegal activities of oil vandals, saying these oil bunkers cashed in ‘petrodollars’ while Nigeria is bedevilled by low production.

According to Kyari, the country’s oil theft situation has hampered the oil sector’s development, which should have been aided by the Petroleum Industry Act .“It is a difficult circumstance for the industry and that is why despite the good intention and the provisions of the PIA — no one will produce oil and recovers zero income and put the money back into the business. That is why investments are very weak despite the good physical environment that the PIA has brought,” he said.

“It is very difficult to give a straight answer. Of course, what we are doing now will contain it and will bring stability back with all the effort of all of us.” “It is not just the small persons that you see at those locations that are prosecuted. We know that to sell crude oil on the international market it is not the business of the ordinary people that you see in these illegal refinery settings.

 

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MKKyari NNPCgroup HouseNGR Mele Kyari may be the first to be jailed by this his special court.

MKKyari NNPCgroup HouseNGR Why do we have Northerners heading NNPC? What's the reason ?

MKKyari NNPCgroup HouseNGR

MKKyari NNPCgroup HouseNGR How many people re currently under trial for Oil theft .You want constitutional ammendments before you can be able to guide and institution you swore to protect. Please come down from that sit

MKKyari NNPCgroup HouseNGR Which oil theft , all the oil are going to Niger 🇳🇪 in their own refinery funny people, u took money and build a refinery in Niger republic . Anyway the story will come up when they leave power

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