Oil Workers Urge President Tinubu to Tackle Crude Oil Theft in Niger Delta

Julianah Ologunde
By Julianah Ologunde 2 Min Read

Oil Workers Urge President Tinubu to Tackle Crude Oil Theft in Niger Delta

Oil workers, represented by the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), have called on President Bola Tinubu to take decisive action against crude oil theft in the Niger Delta region.

Oil Workers Urge President Tinubu to Tackle Crude Oil Theft in Niger Delta

At a National Executive Council meeting in Abuja, PENGASSAN President, Comrade Festus Osifo, emphasized the need for military chiefs to be relocated to the Niger Delta to curb oil theft, which significantly impacts the country’s revenue generation.

Osifo highlighted that addressing crude oil theft could potentially increase crude oil production by up to 30%, providing a much-needed boost to the economy. He urged President Tinubu to prioritize this issue to enhance forex earnings and strengthen the Central Bank of Nigeria’s capacity to stabilize the naira.

READ ALSO: Tinubu Advocates for Direct Election into ECOWAS Parliament

Furthermore, Osifo condemned the recent killing of military personnel in the Okuama community of Delta State, calling for a cautious approach by the military to avoid escalations similar to past incidents in Zaki Biam and Odi. He stressed the importance of apprehending the perpetrators and ensuring justice is served.

Oil Workers Urge President Tinubu to Tackle Crude Oil Theft in Niger Delta

Regarding the government’s explanation of increasing electricity tariffs for consumers in Band A, Osifo expressed concerns about the potential impact on the Nigerian populace, particularly the less privileged. While acknowledging the need to study the details further, he cautioned against drastic tariff hikes that could burden ordinary citizens already grappling with economic challenges.

PENGASSAN, in conjunction with other labor unions, pledged to scrutinize the tariff adjustment details to safeguard the interests of the Nigerian people. Osifo warned against potential cascading effects of tariff hikes to other consumer bands, urging the government to consider the plight of the masses in its policy decisions.

Share This Article
Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *