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Oil theft killing economy, as 265 illegal refineries uncovered in SPDC corridor

Chief Timipre Sylva, Minister of State for Petroleum Resources, said that there are over 265 illegal refineries in just the Shell Petroleum Development Company (SPDC) corridor as Nigeria continues to grapple with oil theft.

The scenario was discussed by Sylva in a speech she gave on Thursday in Lagos at the 60th anniversary of the Oil Producers Trade Section (OPTS) of the Lagos Chamber of Commerce and Industry (LCCI).infomation guide nigeria

He said: “We have deployed creative solutions to tackle security challenges in the operational areas.jamb result

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Technological intervention for both monitoring and prompt intervention would also be set up. The tackling of the menace is a top priority for NNPCL.

“Also, our new governance framework provides us autonomy and opportunity for self-accounting hence cash-call settlement including arrears would be settled and handled promptly going forward.

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Emediong Ekpe

Emediong Ekpe is a graduate of English. A professional Sports journalist/analyst, and a spoken word artist. He is passionate about decimating information and putting smiles on people's faces via news writing.

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