National Assembly Special Committee on Crude Oil Theft has warned that the era of stealing the country’s crude oil is over.
The committee said anybody found to be involved in the act will face the full wrath of the law.
The chairman of the special committee, Alhaji Ado Doguwa, gave the warning in a statement made available to journalists on Saturday.
He said, “We can not in anyway afford to allow our Tinubu/APC-led government to continue to wallow in global borrowing as a result of consequential leakages in the production circle of the oil and gas sector.
“The unfortunate act is largely caused by youth restiveness and the unacceptable vandalism of our critical infrastructure by vandals and criminals in the creeks, and this has to stop.”
He said that the committee was mandated by the Speaker of the House of Representatives, Tajudeen Abbas, to unravel the remote and immediate causes of the “devastating economic earthquake within the oil and gas sector of the nation’s economy.”
“The committee vows to do all it takes to save the present Tinubu-led administration from these unfortunate happenings in the oil-producing areas.
“We will make sure that the committee brings to book the culprits and their political cohorts.
“The attendant consequences of these dastardly crimes against the economy will obviously not allow our economy to breath.
“President Tinubu’s commitment and determination to bring prosperity and economic wellbeing to our people is non-negotiable by whatever guise,” he added.
He maintained that the legislative agenda of the 10th National Assembly will help the government to deliver on its overall commitments to Nigerians.
“The committee vows to do all it takes to save the present Tinubu-led administration from these unfortunate happenings in the oil-producing areas.
“We will make sure the committee brings to book the culprits and their political cohorts,” Doguwa added.
