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- The Group Managing Director of the Nigerian National Petroleum Corporation, Dr. Emmanuel Ibe Kachikwu has hinted that oil theft will be eradicated in the next eight months.
- He made this statement at a one day seminar on Security in the Gulf of Guinea organised by the Gusau Institute in Abuja, Dr Kachikwu said the NNPC under his leadership is introducing a whole lot of measures to check oil theft and to bring perpetrators to book.
- Kachikwu highlighted some of these measures to include the introduction of drones to monitor the pipelines as well as patrol the country’s coastal waters; equipping and increasing the capabilities of the security services to carry out their responsibilities as well as engagement of communities to police pipelines in their areas.
- The NNPC boss said the PPMC would be broken up into several companies with one solely in charge of pipelines while the other would be in charge of products.
- According to him, this measures will ensure greater efficiency and transparency in the oil sector.
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