The National Assembly Joint Committees on Petroleum Resources has dismissed three petitions against the pipeline surveillance contract, while passing a vote of confidence on Tantita Security Service, the security agents and the NNPCL for helping to restore the nation’s oil production.
Oil production, according to available records, stood at about 1.8 million barrels per day as at April, an increase from the about 900 million liters per day in 2022 when the surveillance contract was awarded.
The resolution followed a motion moved by the Chairman of the House Committee on Petroleum Resources, Midstream, Rep. Henry Okojie at a one-day parliamentary roundtable on the state of pipeline security and the battle against crude oil theft
Okojie said that Tantita and the security agencies have recorded lots of achievements in securing the nation’s petroleum assets, thereby increasing oil revenue for the country.
Speaker Tajudeen Abbas in his opening remarks, said the National Assembly has remained at the forefront of confronting the challenges in the oil sector and has through legislation, oversight, and appropriation taken deliberate steps to strengthen Nigeria’s response to threats to our oil industry.
The Speaker said the event was an opportunity to advance the fortunes of the oil industry by consolidating on the gains made so far from the surveillance contract, while addressing existing gaps.
