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‘Rising crude theft depleting revenue, crippling environment’

The New Nigeria Foundation (NNF), a civil environmental group focusing on crude oil theft in Niger/Delta, has raised the alarm that the rising crude theft in the region is massively depleting the country’s revenue base and crippling the environment.

NFF Senior Programmes Manager Mrs. Olayide Adesanya told newsmen in Lagos that crude theft had become a hydra-headed monster crippling the socio-economic, environment and economy of the country.

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“We need to change the narratives. Crude oil theft is not a Niger/Delta or locational problem but a national problem. It is sucking our revenue and hindering development in the communities. We all have a role to play.

“The activities of oil bunkers are also affecting our eco-system. The environments are being crippled by the illegal bunkering. From the soil to the water, to the farmlands, among others. If things continue like this, Nigeria will be the greatest loser,’’  she said.

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