National Assembly to criminalize oil bunkering - disnaija.com

Categories: Nigeria News

By Citizens Platform

Speaker, House of Representatives, Alhaji Aminu Waziri Tambuwal, has disclosed that the National Assembly will soon pass a law criminalizing illegal oil bunkering in Nigeria.

Tambuwal made the revelation at the closing ceremony of a three-day 10th regional meeting of the African Caribbean Pacific and European Union, ACP-EU, Joint Parliamentary Assembly, at the weekend.

The speaker noted that the trend was negatively  affecting the country’s economy and finances, adding that both oil theft – which amounts to loss of about 400.000 barrels of oil per day – and piracy in the Gulf of Guinea place the country and Africa at large in a vulnerable position.

In his words: “The problems of oil theft, illegal oil bunkering and piracy in the Gulf of Guinea are matters deserving of collaborative and co-operative approaches of our countries and the international community to tackle head-long”.

“The regional summit of some African Heads of State that held recently in Yaounde, Cameroon, is one such positive response to an alarming development which if not checked, has adverse implications for regional and global security, supply of oil and revenues accruable to our governments.”

Tambuwal solicited the cooperation of all parliaments across the world to join hands   in sanctioning oil companies, local cartels and the international syndicates that engage in the nefarious act.

He said: “For our part, the National Assembly of Nigeria is considering a legislation to deal decisively with this menace and we call for the cooperation of all parliaments the world over to join in sanctioning oil companies and other persons engaged in this nefarious act.”

The speaker also told the visiting ACP-EU parliamentarians that the Nigerian government had taken extreme measures to stem the tide of insecurity in the country.

He recalled the imposition of state of emergency currently on the three northern states of Borno, Adamawa and Yobe as one of such measures.

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Posted in Nigeria News. A DisNaija.Com network.

Source: Citizens Platform

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