N5trn lost yearly to oil theft could finance govt budget —Reps

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Lawmakers at the plenary presided over by Deputy Speaker Hon Ahmed Wase on Thursday.

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“Also, about 22 million barrels of crude oil, counting for about N1.3trn loss of crude oil were stolen in the Niger Delta in 2019,” theKidnappers abduct son of herdsman in Oyo, demand N1m ransom The House therefore resolved to set up an ad-hoc committee to determine the volume of oil extracted in the country on a daily basis.

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Prado jeeps can finance the budget

Truly is not you guys know ...instead of managing the oil in Niger Delta.. your idiot president is looking for oil in chad basin

Thanks for stating that fact.. Now how do we make sure ure to end such theft. Over to you..

Wow that is almost the same amount been spent by the national assembly for luxury cars and hardship allowance, especially their 30milion salary monthly. Yet they can't agree to pay 30k minimum wage

True and when you add half of your jumbo pay, it will equally clear our raising debt profile and allow every man enjoy being Nigerian HouseNGR

Removing 2Million from each of their salary will go a long way developing this country.

Ofcourse stolen by the elites in Nigeria. The poor man has no place or say in this country.

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