Saturday, July 13, 2024
24.6 C
Lagos

NNPC GCEO Rallies Judiciary’s Support Against Crude Oil Theft

GCEO NNPC Limited, Mr. Mele Kyari (seated 3rd from left), the Chief Justice of the Federation, Olukayode Ariwoola (seated 4th from left) and members of the National Judicial Institute during the National Capacity Building Workshop for Judges on the Petroleum Industry Act (PIA) 2021 organised by the Institute, in Abuja on Thursday.

In order for the oil and gas industry to achieve its full potential as an enabler of national economic and industrial growth, the Group Chief Executive Officer of the NNPC Limited, Mr. Mele Kyari, has called for the support of the judiciary in tackling the twin challenges of crude oil theft and pipeline vandalism.

Kyari made the call at the National Judges Capacity Building Workshop on the Petroleum Industry Act (PIA) 2021 organised by the National Judicial Institute (NJI) and INVESTIN 234, on Thursday in Abuja.

In a goodwill message he delivered at the workshop, the GCEO stated that the gains of the PIA have been severely undermined by crude oil theft and pipeline vandalism and urged the judiciary to consider the creation of a special court to try offences related to crude oil theft and pipeline vandalism or granting accelerated hearings to such cases.

According to him, the role of the judiciary was critical to the success of the efforts of the various security arrangements put in place by NNPC, the law enforcement agencies and other stakeholders in the industry.

“In particular, is the recommendation that a special court be created to try those offences as they hinge on our survival as a country, and/or for such trials to be conducted under an accelerated hearing process by the issuance of Practice Directions to that effect, with concomitant sanctions to deter would-be offenders,” Kyari stated.

The GCEO also called on the judiciary to accelerate hearing to criminal cases in their courts, through timely determination of the criminal charges and imposing adequate punishments and sanctions on culprits to serve as deterrence to others.

He said NNPC remains committed to collaborating with all relevant stakeholders to ensure the successful implementation of the PIA, adding that “together, we can ensure that the benefits of our natural resources are maximized for the economic and social development of our country”.

Kyari also commended the Chief Justice of the Federation, Olukayode Ariwoola and the organisers of the workshop for extending invitation to him and the opportunity to deliver a goodwill message at the workshop.

spot_img

Hot this week

NGX Group’s Revolutionary e-Offering Platform Goes Live Following SEC Approval

Nigerian Exchange Group (NGX Group) has unveiled NGX Invest,...

Commonwealth Short Story Award Winner Releases The Talent Coach

Dr. Frederick Mordi, a Commonwealth Short Story Award winner,...

NAICOM, NFIU to Strengthen Partnership on Financial Regulation

From Left: Mr. Ahmed Adamu Director, Innovation & Regulation...

Sterling One Foundation, United Nations Nigeria Unveil Africa Social Impact Summit 2024

The official press conference for the Africa Social Impact...

Access Holdings: Facts Behind the Offer Session at NGX

L-R: Morounke Olufemi, Group Chief Financial Officer, Access Holdings...

Topics

Almond Insurance Consumers Forum Set for Oct. 26

Almond Productions Limited, promoters of the Annual Insurance Consumers...

Insurance Sector: N2.3tr Market Size, N369bn Income, N175bn Claims in Qtr 2, 2022

Mr. O. S. Thomas Commissioner for Insurance/CEO National Insurance Commission (NAICOM) The...

West African Stakeholders Embrace Universality of Internet

Mr. Tony Ojobo President African ICT Foundation Stakeholders of the ICT sector...

Fitch Affirms Helios Towers Nigeria at ‘B’; Outlook Stable

Fitch Ratings has affirmed telecom infrastructure group, Helios Towers Nigeria Limited's (HTN) Long term Issuer Default Rating (IDR) at 'B' with a Stable Outlook. HTN's rating reflects the political and macro-economic uncertainty of the Nigerian market (Nigeria, rated 'BB-'/Negative) as well as the company's revenue visibility and strong growth prospects.

NAICOM Targets Technology to Drive Access to Insurance

KEYNOTE ADDRESS BY THE COMMISSIONER FOR INSURANCE, MR. OLORUNDARE...

Global Communicators Set for 2018 WCF Forum in Geneva

Communications experts, top managers, and local market leaders, amongst...

NAICOM, NFIU to Strengthen Partnership on Financial Regulation

From Left: Mr. Ahmed Adamu Director, Innovation & Regulation...
spot_img

Related Articles

Popular Categories

spot_imgspot_img