NNPC Has Deactivated 6,409 Illegal Refineries In Niger Delta — Kyari

The Nigerian National Petroleum Company Limited (NNPCL) has successfully deactivated 6,409 illegal refineries...

The Nigerian National Petroleum Company Limited (NNPCL) has successfully deactivated 6,409 illegal refineries in the Niger Delta region to combat oil theft.

The Managing Director of NNPC Limited, Mele Kyari, revealed this on Monday during an interactive session with the chairman of the Economic and Financial Crimes Commission (EFCC), Ola Olukoyede, during the latter’s visit to the NNPC Towers in Abuja.

Kyari expressed concern over the magnitude of daily oil theft and the audacity of the perpetrators, labelling crude oil theft as the most formidable and pervasive economic crime in Nigeria.

He appealed to the EFCC for assistance in tackling this menace, highlighting the crucial role the commission plays in maintaining deterrence against such criminal activities and economic crimes.

This was disclosed in a statement signed by the NNPCL Chief Corporate Communications Officer, Olufemi Soneye, on the official NNPC X handle (formerly Twitter) on Tuesday.

Kyari acknowledged ongoing efforts to enhance transparency and eliminate corruption but underscored the persistent challenge posed by crude oil theft.

“We have disconnected up to 4,846 illegal pipes connected to our pipelines out of 5,543 such illegal connection points. This alarming figure indicates the vast scale of illicit connections that still require attention,” Kyari stated.

Kyari expressed frustration at the recurring nature of the problem, noting that as one illegal connection is removed, another one surfaces.

“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 lamented.

On his part, the executive chairman of EFCC, Olukoyede, challenged the NNPCL Management to ensure that existing a code of ethics and regulations was complemented with monitoring and enforcement to enhance deterrence.

TLD Newsletter

Get the latest legal news, key cases, top lawyers, and expert analysis for your legal journey.

RELATED ARTICLES

FG Lowers Entry Barriers In Latest Oil Round, 50 Blocks Up For Bidding

The Federal Government said it is lowering entry costs in the latest oil bid rounds

MRS to Sell Petrol at N839 per Litre as Dangote Refinery Increases Gantry Price to N799

The Dangote Refinery has increased the gantry price of Premium Motor Spirit (PMS) from N699

Seplat Records First Gas at 300mmscfd ANOH Processing Facility

Seplat Energy Plc has commenced gas supply from its ANOH Gas Processing Plant following the

TotalEnergies Signs SPA with Vaaris to Divest 10% Stake in Renaissance JV Assets

TotalEnergies has announced that its subsidiary, TotalEnergies EP Nigeria, has signed a Sale and Purchase

DisCos Billed Customers N255bn, Collected N210bn in October – NERC

Electricity distribution companies across the country billed customers a total of N255.19bn for power supplied

Eterna Plc Opens N21.52b Rights Issue to Fund Expansion

Eterna Plc has officially opened its N21.52 billion Rights Issue, as the integrated energy company

TLD Newsletter

Get the latest legal news, key cases, top lawyers, and expert analysis for your legal journey.

This Pop-up Is Included in the Theme
Best Choice for Creatives

Purchase Now

TLD Newsletter

Get the latest legal news, key cases, top lawyers, and expert analysis for your legal journey.