FG Develops Action Plan to End Oil Theft
The Federal Government on Wednesday said it has developed a roadmap to fight crude oil theft in the country.
This was made known to newsmen by the Chairman of Crude Oil Theft and Management Committee of the National Economic Council and Governor of Imo State, Hope Uzodinma shortly after a closed-door meeting with some governors in Abuja.
Uzodinma expressed that the essence of working out a road map to stop oil theft is to ensure that
Nigeria’s oil production is restored to two million barrels.
He said, “This has reduced our oil production status drastically and has caused untold hardship to the country and almost tampered with the margin of our currency.
“Today, we met since the first meeting after the reconstitution to develop a work plan that will be used by the committee to be able to confront this case of crude oil theft headlong.
“We just developed a road map, an action plan that we will take. At this stage of preliminaries, we are trying to identify, really, the areas of leakages and the likely causes, and what has made it possible.
“Our concern is to restore Nigeria’s oil production profile to either better than what it used to be or at least, where it was, which is about two million barrels,” he said.
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