Compel FG to probe $12.7bn stolen oil, Falana tells oil workers

Human rights activist and Lagos lawyer, Mr. Femi Falana, SAN, yesterday, eclared that $12.7 billion worth of crude oil was allegedly stolen from Nigeria between 2011 and 2014, even as he called on the Petroleum and Natural Gas Senior Staff Association of Nigeria, PENGASSAN, to prevail on the anti-corruption agencies to institute a probe to trace the funds and determine the culprits.

Speaking at the 40th Anniversary Celebration of PENGASSAN in Abuja, Falana also called for the immediate recovery from oil companies, royalties accruable to the Federation Account since 2014, stating that the Offshore and Inland Sharing Contract Act that provided that for 50 years no royalty would be collected from oil and gas mined from below 1,000 meters depth had expired in 2014.

Commenting on the alarming cases of oil theft, Falana said the crude oil theft data was released by the Nigerian Maritime Administration and Safety Agency, NIMASA, while he promised to make the report available to the Nigerian National Petroleum Corporation, NNPC, and other stakeholders. According to him, the NIMASA study revealed that from January 2011 to December 2014, oil that left Nigeria totaled 60.2 million barrel, not recorded here, but was discharged in one port in Philadelphia in America. He said: “The study revealed that the value of the money from oil stolen from Nigeria is $12.7 billion. The oil was discharged in one port. We have identified who the oil majors are and the shipping companies involved, but since 2014, we have been begging the Nigeria government to recover the money.”

He urged PENGASSAN, the Nigeria Union of Petroleum and Natural Gas Workers, NUPENG, and Nigeria Labour Congress, NLC, to pressurise anti-graft agencies to probe the volume of crude oil stolen from Nigeria and discharged at ports in the United States, India, China, France and Britain, noting that if the issue was taken seriously, Nigeria could see the return of over $100 billion. He said, “This is the real money that should be recovered. That is why I am appealing to NUPENG, PENGASSAN and NLC to assist in going to the root of this criminality at the international level and recover the money and put in the federation coffers so that our people can enjoy the benefits of oil and gas industry.”

#Watchvideo : SECURITY FORCES BURST THE CAMP OF UNKNOWN GUNMEN IN AKOKWA

Security Forces in the state through a coordinated intelligence report has bursted the camp of the unknown gunmen at Akokwa, Arondizuogu after a long gun duel which resulted to the death of some of the criminals and others arrested. These criminal elements have been known to be behind several attacks in the state such as the killing of police men in Mbaise, Aba Branch in Ehime Mbano, burning down of police stations, attack and attempted kidnapping of former Governor Ikedi Ohakim, abduction of Miss. P.P. Johnson, a female soldier in Okigwe and recently the attack in Akokwa that left many dead. It is obvious that these daredevil gunmen have been perpetuating their evil plans unabated until yesterday when their camp was bursted by security agencies. This is another assurance that our security operatives are leaving no stone unturned in the fight against banditry and other related activities. While it has become obvious that the activities of these non state actors are politically motivate

BREAKING: 2Baba Shot Dead In Rivers State

A notorious cult leader and the prime suspect in the brutal murder of the late Divisional Police Officer, SP Bako Angbashim, in the state, Gift Okpara, popularly referred to as 2Baba, has been reportedly killed in a police-led major security raid. The police and other security agencies were said to have conducted land and aerial raids at the identical hideout of the Iceland cult leader and his gang at Idu-Ekpeye in Ahoada East local government area of Rivers on Saturday, February 17. According to The Nation , the Iceland cult leader was reportedly feared dead after the operation. Recall that in September 2023, the late DPO was ambushed and captured by the cult group led by 2Baba in the Odiemudie community, Ahoada East LGA. 2Baba and his gang then took the DPO to the forest, where they killed him and dismembered his body. The cultists then filmed him. Another source, Obi, said he saw no less than 15 vehicles and an Armored Personnel Carrier (APC) during the operation.

Prominent Leaders Pay Tribute to Late Sen Ifeanyi Ubah, at Anambra Community Candlelight Procession in Awka

Hundreds of mourners, friends, well-wishers, media representatives, and party faithful gathered are presently at Emmaus House in Awka for a candlelight procession to honor the late Senator Ifeanyi Ubah. Chief Egwuonwu in his speech expressed his deep grief over the loss of his friend and brother, Senator Ubah, saying it's hard to find words to convey his emotions. However, he says that he finds solace in the tremendous impact Senator Ubah had on the lives of those he encountered. Chief Owelle Mbaso, leader of Anambra Former Political Appointees in paying glowing tribute said that Senator Ubah led a life worthy of emulation. He said "he knew he wouldn't pass this way again,reason he ensured he impacted on several life's without expecting anything in return." Mr Linus Williams, BLord in a glowing tribute recounted how Late Senator Ubah helped him when he was wrongly accused of sponsoring terrorism. He said " even though I have not meet him or seen

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