Nigeria Loses N2.2trn To Oil Theft – Aregbesola

Date Posted: January 12, 2015 at 7:05 am

Walk for Change in Akure-3cGovernor of Osun, Ogbeni Rauf Aregbesola, on Friday said the Nigeria has lost N2.2 trillion (14.6 billion dollars) to oil theft within a year under the President Goodluck Jonathan-led Peoples Democratic Party (PDP).

In a release by the Director Bureau of Communication and Strategy in the Office of the Governor Semiu Okanlawon Aregbesola was quoted as speaking in Akure after the Walk for Change programme that saw a huge population of residents of the state joining the All Progressives Congress vice presidential candidate Prof Yemi Osinbajo to sensitise the people on the need for change of government in Nigeria.

Walk for Change in Nigeria is a civil society organisation, which is interested in sensitising Nigerians for the necessary change in the country.

The governor revealed that Nigeria loses 400, 000 barrels of crude oil to oil theft everyday according to Federal Government statistics.

According to him, 400, 000 barrels at the conservative figure of 100 dollars a barrel translates to 40 million dollars loss to the country on daily basis.

Aregbesola lamented that what the country lost to oil theft in a year is more than the total amount of what all 36 states gets as allocation in four years.

“If 400, 000 barrel of oil is stolen everyday and the President can say so, it is disheartening.

“From July 2013 to July 2014 if we calculate what the nation is losing by 100 dollars, Nigeria loses 40 million dollars daily to oil theft.

“What we lost in just one year to oil theft in a year is more than the total amount of what all the 36 states of the federation get as allocation in four years.

“This is not a way to develop a country. Nigeria is being bled to death by some unscrupulous individuals.

“We shall not remove them through the barrel of gun or by violence. We are going to chase them away with our votes.

“If this amount is spent on education alone, we will have the best of education; if spent on roads, we will have the best of road network system.

“Today, we are neck deep in poverty, underdevelopment and socio-political and economic stagnation.

“No power can surpass or suppress the will of the people whenever they resolve to change what they do not like,” Aregbesola said.

He added that the February general election is for the people to vote for development and growth and a signal to an end to poverty and misery.

He urged the people to quickly go and collect their permanent voter’s card so as to be able to vote for change.

The Vice-presidential candidate and the running mate of Gen. Muhammadu Buhari, Prof. Oluyemi Osinbajo stated that APC when voted into power come February 14, will be the first government in Africa to institute a social security welfare for its citizens.‎

He added that the APC government when sworn-in May 29 will change the Country from poverty status to that which citizens will have abundance and once more be proud of the nation.

Osinbajo also added that the coming of APC will usher in a government of the masses which will focus on youth employment and infrastructural development in all ramifications.

He said, “our government which will also be your government on assumption of office will employ twenty thousand youths in every state of the country and agriculture will be given a major priority.

“Every pupil of primary schools in Nigeria will be fed free every school days in every state, it will also be a government where health care and other sectors will be adequately catered for by government”. The vice presidential hopeful explained.

The walk for Change which took off from the Buhari Campaigns Officr took the huge population of residents who came out through Oba Adesida Road and terminated at the Fiwasaye Junction.

The shouts of Change and SaiBuhari rent the air for the period the walk lasted.

Others who spoke at the rally include the Speaker of the Osun House of Assembly Hon. Najeem Salam and the Convener of the Change Nigeria Initiative Mr. Bola Ilori.

No Thoughts on Nigeria Loses N2.2trn To Oil Theft – Aregbesola

Leave A Comment