FEATURED
Senate C’ttee on Crude Oil Meets with NNPC, Investigates Past and Present Oil Losses
The Senate’s ad hoc committee investigating the ongoing theft of Nigerian crude oil expanded its investigation on Tuesday with an oversight visit to the leadership of the Nigerian National Petroleum Company Limited (NNPC).
Senator Ned Nwoko, the committee’s chairman, spoke after the meeting, stating that the visit was critical in ensuring that the Senate’s final report on crude oil losses is “factual, defensible, and grounded in verifiable data.”
According to Nwoko, the committee has already submitted three interim reports to the Senate, each supported by extensive analysis, expert consultations (both local and international), and credible documentation. The findings, he stated, reveal years of significant revenue leaks in the country’s oil sector.
He explained that the committee’s investigation is not only looking into historical losses, but also assessing current conditions in Nigeria’s upstream operations.
“While the historical challenges are significant, it is equally important to understand what is happening now within NNPC’s upstream operations,” Senator Nwoko said.
During the session with NNPC officials, the committee pressed for clarity on past operational lapses that enabled large-scale crude theft and revenue loss. It also assessed ongoing reforms aimed at stabilising production and protecting critical pipeline infrastructure.
Nwoko said the committee’s objective is to reconcile documented past losses with present-day operational data to determine how effective the current mitigation measures have been.
The findings from this phase of engagement, he added, will form an integral part of the committee’s final report to the Senate.
Ozoro Curfew Relaxed To 10pm, Knock-Out, Unregistered Okada Banned After Cult Clashes
Oborevwori Cuts Warri Ring Road, PTI-Eku Road Timelines As Delta EXCO Approves N1.24trn 2027 Budget
Babcock 400-Level Student Alive After Viral Hostel Window Incident — Roommates Saved Him, Varsity Confirms
Pastor Tunde Bakare: I Told Tinubu I’m Too Old To Be A Minister
Oil Theft: Navy Arrests 259 Suspects, Recovers 7.48m Litres Of Stolen Products
2027: Makinde Dares Political Godfathers, Says God, Nigerians Will Give Him Presidency
Obasanjo Blames Leadership Failures for Nigeria’s Insecurity, Poverty, Mass Migration
50 Years Later, In The Same Hall Built For FESTAC ’77: Afreximbank Finally Puts Money Behind Film About FESTAC ’77
‘They Were Warned’: Delta Govt Says Asaba Death Could Have Been Avoided If NDC Had Not Ignored Police Advice
Minimum Wage: NLC Rejects FG’s 2027 Timeline, Demands Immediate Talks
Lagos Shuts Church After Resident Complains of Sleepless Nights, Threats
Omo-Agege Alleges Thugs Attacked NDC Campaigners In Asaba, Demands Arrest Of Organiser
Gidan Taba Massacre: Bandits Burnt Family Of 12 Alive After They Locked Door To Escape Abduction In Zamfara
Three Killed, Seven Injured in Two Separate Road Crashes in Ogun
EFCC Boss To Churches: Reject Stolen Donations Like Adeboye Did
