Business Foreigners behind oil theft, says minister - The Nation

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The Federal Government yesterday described oil theft as terrorism, saying foreigners were behind it.

Minister of Petroleum Resources Mrs. Diezani Alison-Madueke alleged that the theft of Nigeria’s crude oil is in connivance with some syndicates outside Africa, adding that the crime robs the economy and dissuades investors.

The minister spoke in London, according to Nigerian National Petroleum Corporation (NNPC) spokesman Tumini Green.

Mrs. Alison-Madueke was delivering the keynote address at the Powerlist 2014. She said: “Theft of this magnitude is not only highly technical, but it is also an international-level crime. It is aided and abetted by syndicates outside of Africa who are the patrons and merchant-partners of the oil thieves. This crime against Nigeria must be resisted, as we simultaneously deploy in-country resources to fight this menace,’’ she said.

Source: The Nation Newspaper

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