x

House to Investigate Stolen Crude

By Doris Ferdinand

The House of Representatives at Wednesday plenary called for the immediate investigation of the allocation of crude oil under the Direct Sale Direct Purchase (DSDP) Scheme.

In a motion moved by Hon. Makki Abubakar Yalleman -APC Jigawa who called the attention of the House to a news paper publication dated 14th February, 2021 noting that the publication was an eye opener of how the Country’s crude oil is being stolen.

Makki said the report in the publication showed that approximately 5.2 million barrels of crude supposedly allocated to comatose NNPC refineries in 2018 under Direct Sales Direct Purchase (DSDP) operations are unaccounted for. Essentially, almost half of the 10.9 million barrels of crude oil allocated for domestic supply between June 2018 and July 2019 as reported by NNPC is either stolen or diverted.

Worried at the spate of missing national revenue, Yalleman said;

“Unless these leakages are being plugged, they will deepen the national deficit even further thus drepriving the country of the much needed development.”

The house therefore referred the matter to the House committee on Petroleum Resources (downstream) for further legislative action.

Hot this week

Two in Five Girls in Kogi Suffer Sexual Abuse — NGO

By Noah Ocheni, LokojaThe Executive Director of Protect the...

Bandits Kill HEKAN Clergyman, Abduct Over 20 Worshippers in Kaduna Attack

By Achadu Gabriel, KadunaArmed bandits have once again attacked...

NIPR Institutes Annual PRICE Awards, Fixes 7th December for the Ceremony

PRESS RELEASEThe Nigerian Institute of Public Relations (NIPR)...

Wike Set to Kick Criminals out of Abuja

... As Area Councils Get Additional Divisional Police ...

FCTA Involves Youths in Environmental Protection

By Joyce Remi-BabayejuIn a bid to fight air...

Sheikh Gumi Tells Tinubu to Cut Ties With US if Trump Fails to Retract Military Threat

By Achadu Gabriel, KadunaProminent Islamic cleric Sheikh Ahmad Gumi...

Diri Says Defection to APC Is in Bayelsa’s Best Interest, Urges Unity and Progress

By Amgbare Ekaunkumo, YenagoaBayelsa State Governor,Senator Douye Diri,...

WBC Champion Bash Ali Vows His Historic Boxing Project Will Hold in Nigeria Despite Setbacks

By Achadu Gabriel, KadunaWorld Boxing Champion (WBC) Bashiru...

Monday 3 November 2025

Premier League21:00 CET SunderlandvEvertonSerie A18:30 CET SassuolovGenoa 20:45 CET LaziovCagliariLa...

EPL: Wolves Sack Manager Vitor Pereira After Heavy Defeat at Fulham

Wolverhampton Wanderers have sacked manager Vitor Pereira following the...

Worry for Barcelona as Real Madrid Move to Hijack Deal for In-Demand Premier League Defender

Spanish giants Barcelona and Real Madrid are reportedly preparing...

Related Articles

Popular Categories

spot_imgspot_img