The Chairman, House of Representatives Special Committee on Oil Theft/Losses, Rep. Alhassan Ado Doguwa has stated the resolve of the Committee and the House to help President Bola Ahmed Tinubu’s administration to tackle the attendant consequences of oil theft that has been choking the nation’s economy for decades.
He said, the criminality and sabotage going on in the oil sector is drawing the economy back and pushing the government to resort to massive borrowing internally and externally which he said must be tackled head on.
Rep. Doguwa who is also the Chairman, House Committee on Petroleum Resources (Upstream) stated this while speaking on the ongoing stakeholders engagement with industry players, security agencies and other stakeholders involved in the fight against crude oil theft and other criminal activities.
He said, the committee has vowed to do all it takes to save the Tinubu led administration from the unfortunate happenings in the oil producing areas.
According to him, the Committee was mandated by the Speaker, Abbas Tajuddeen to unravel and unearth the remote and immediate causes of the devastating economic effect of oil theft within the oil and gas sector of the country’s economy.
He said, “We will make sure 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.
“This was a public engagement with stakeholders in the oil and gas sector on Tuesday 13th August 2024 at the National Assembly complex, discharging our duty as Chair and members of the ‘House Special Committee On Crude Oil Theft”.
The Committee Chairman noted that, President Tinubu’s commitment and determination to bring prosperity and economic wellbeing to Nigeria and its people is non-negotiable.
He further added that, the legislative agenda of the 10th House of Representatives as rolled out by its leadership and the unprecedented commitment of the Speaker, Abbas Tajuddeen will help the government deliver on its commitments to the people of Nigeria.
Rep. Doguwa added, “We can not in anyway afford to allow our Tinubu/Apc led government continue to wallow into global borrowing as a result of consequencial leakages in the production circle of the oil and gas sector, largely caused by youth restiveness and unacceptable vandalisation of our critical infrastructure by vandals and criminals in the creeks”.
