Increased Revenue: CSO lauds Nigerian Navy for cracking down on oil thieves
The Civil Centre on Security and Governance (CCSG) has commended the Nigerian Navy for its dedication and commitment to securing national assets and increasing government revenue.
The Centre praised the Navy after conducting a systematic assessment of its efforts in addressing the issue of oil theft, which has significantly impacted the country’s fortunes.
The Centre stated that the recent successes in combating oil theft are a result of the leadership and commitment of Vice Admiral Emmanuel Ogalla, as well as the bravery and dedication of the officers and men of the Nigerian Navy.
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Speaking at a press conference in Abuja, Coordinator of the Centre, Emmanuel Agabi, highlighted that the Chief of Naval Staff has implemented special operations such as Delta Sanity and has also made efforts to strengthen the Forward Operating Bases of the Nigerian Navy in the Niger Delta region.
Agabi also mentioned that the deployment of ten warships, two attack helicopters, and 500 ballistic boats in a special amphibious exercise to combat crude oil theft and sea robbery in Nigeria’s waters represents a significant step towards securing the nation’s assets.
“Nigeria recorded its highest oil production in almost two years, with crude oil production rising from 1.08 million barrels per day in July 2023 to an average of 1.38 million barrels per day in January and February 2024, representing a 300,000-bpd increase,” he said.
“Additionally, Nigeria’s Liquefied Natural Gas (LNG) export cargoes have increased from an average of 16 per month in 2023 to 21 monthly in the first quarter of 2024. The Nigerian Navy has also recovered over 62,000 barrels of crude oil, as well as close to a million liters of illegally-refined diesel, petrol, and kerosene; valued in total at almost 10 billion Naira.
“The dismantling of illegal refining sites, arrest of suspects, and seizure of vessels and equipment used for oil theft are all indicators of the Navy’s success. The impact of the Nigerian Navy’s efforts goes beyond the economic benefits; it also has a significant impact on the environment and the well-being of communities in the Niger Delta region.
“The reduction in oil theft and illegal refining has led to a decrease in oil spills and environmental degradation, which has a positive impact on the livelihoods of people in the region. We commend the Nigerian Navy for their dedication and hard work in securing our national assets and increasing government revenue”.
The Centre, therefore, commended President Bola Tinubu over his choice of Vice Admiral Emmanuel Ogalla as the Chief of Naval Staff.
Agabi also hailed the CNS for his patriotism, commitment and dedication to the Nigerian cause, adding that his commitment to achieving sustainable development in the Blue Economy sector is worthy of commendations.
“The success story of the Nigerian Navy in less than a year is impeccable, and the Civil Centre on Security and Governance identifies with the leadership of the Nigerian Navy. The Chief of Naval Staff, Vice Admiral Emmanuel Ogalla, should be recognized for his unflinching passion and dedication, which has primarily been responsible for the operation successes of the Nigerian Navy in recent times.
“The Civil Centre on Security and Governance calls on all relevant stakeholders to extend their support to the efforts of the Nigerian Navy in addressing crude oil theft in the country. This is on the heels of the fact that the oil sector provides 95% of Nigeria’s foreign exchange earnings and 80% of its budgetary revenues,” the centre added.
