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NNPCL Chairman, Ojulari names group responsible for oil theft in Nigeria

By Adetayo Omotoyosi Adeolu

Bashir Ojulari, the Group Chief Executive Officer of NNPCL, has raised an alarm over the rising cases of crude oil theft in Africa, emphasising that it has escalated beyond a local crime.

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He noted that international cartels are now orchestrating this illicit trade, taking advantage of the continent’s inadequate security systems. Ojulari stated this on Monday in Abuja at the commencement of the Africa Chiefs of Defence Staff Conference, a gathering where military leaders convened to address security challenges affecting the region.

Ojulari said, β€œOil theft is no longer a backyard operation. It is run by organised international syndicates who exploit gaps in state and continental security.

β€œSecurity is not an adjunct to the oil business; it is the foundation of energy security. Our sector has improved because of the deliberate efforts of security agencies. β€œWe owe this recovery to sustained action by the military and intelligence services. The losses are continental, the actors international, and the response must be collective.”

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