Skip to content
August 6, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Political Economist

Political Economist

A liberal News reporting Politics, Sports, Business, Commentaries

  • Home
  • National News
    • Metro News
      • metro
    • Society
    • Crime and Justice
  • Special Reports
    • Investigation
    • Features
    • Interviews
  • Opinion
    • Commentaries
    • Perspectives
  • Press Releases
  • International News
  • Business & Economy
  • Politics
Watch Online
  • Home
  • Press Releases
  • EFCC wants tougher sanctions against oil thieves
  • Press Releases

EFCC wants tougher sanctions against oil thieves

Admin March 21, 2019

Oil bunkering persists

Oil bunkering persists

The Acting Chairman of the Economic and Financial Crimes Commission (EFCC) Mr Ibrahim Magu, has called for concerted efforts to combat illegal oil bunkering and theft in the South-South by applying stiffer penalties.

EFCC spokesman, Mr Tony Orilade, said in statement on Wednesday that Magu stated this when he visited the Commander, Nigeria Navy Ship Pathfinder (NNS Pathfinder) Cmdr. S. Bura in Port Harcourt.

Orilade said in the statement that Magu was represented by Port Harcourt’s Zonal Head of the commission, Mr Abdulrasheed Bawa.

According to Magu, the South-South remains the cash cow of Nigeria and tackling oil theft is not only a matter of law enforcement, but a patriotic duty.

“Seventy to 80 per cent of our national revenue comes from the oil sector.

“It is important that the menace of crude oil theft and illegal dealing in petroleum products is tackled frontally.

“We need more of your cooperation to achieve this,’’ he said.

Speaking earlier during the visit, Bura stressed that the Navy was always ready to offer its best services in the interest of the nation.

“We are stakeholders. Nigeria belongs to all of us and as a Service, we have zero tolerance for illegality.

“We do not compromise. I am personally allergic to indiscipline; and so you can be sure that we will always do what we should to tackle oil theft.’’

  • Facebook
  • Share on X
  • LinkedIn
  • WhatsApp
  • Email
  • Copy Link
Tags: Cmdr. S. Bura Economic and Financial Crimes Commission (EFCC) Mr Abdulrasheed Bawa Mr Ibrahim Magu Mr Tony Orilade Nigeria Navy Ship Pathfinder (NNS Pathfinder) oil bunkering Oil Theft

Post navigation

Previous Supplementary poll: INEC Promises Timely Deployment of Personnel, Materials in Plateau
Next Police detain 2 officers for allegedly killing NSCDC personnel

Related Stories

Access Bank Debunks Fake Shutdown Notice, Reaffirms Service Continuity Access Bank rewards customers
  • Press Releases

Access Bank Debunks Fake Shutdown Notice, Reaffirms Service Continuity

July 31, 2026
Lagos Govt Begins Registration of Roadside,  Informal Space Occupants Under SCRAMP Initiative prevention guild
  • Press Releases

Lagos Govt Begins Registration of Roadside,  Informal Space Occupants Under SCRAMP Initiative

July 15, 2026
Peter Obi to Keyamo: Your story is full of lies and false claims
  • Press Releases

Peter Obi to Keyamo: Your story is full of lies and false claims

July 12, 2026
logo

Political Economist is a liberal news magazine with global affiliations.

At Political Economist, we promote free enterprise and act as a catalyst for the growth of knowledge economy. We are proudly pan-Nigeria yet richly spiced with African and global news. We offer a fair and balanced news reportage presented by our team of well-heeled professional journalists. <

About us

  • 5 Olutosin Ajayi Street, By CPM Church, Ajao Estate, Lagos State, Nigeria
  • +234 805 680 1124
  • info@politicaleconomistng.com

Follow

Subscribe to notifications

You may have missed

African free trade agency taps Nigerian firm for $3.1 billion customs overhaul project AfCFTA
  • National News

African free trade agency taps Nigerian firm for $3.1 billion customs overhaul project

August 6, 2026
Troops foil kidnap attempt, neutralise 12 terrorists, in fresh operations Soldiers beat policemen
  • National News

Troops foil kidnap attempt, neutralise 12 terrorists, in fresh operations

August 6, 2026
Navy recovers 85,300 litres of suspected stolen crude oil in Rivers Naval rating arrested
  • National News

Navy recovers 85,300 litres of suspected stolen crude oil in Rivers

August 6, 2026
BREAKING: Tinubu directs EFCC to vacate the court order freezing Osun account, calls Gov Adeleke
  • Breaking News

BREAKING: Tinubu directs EFCC to vacate the court order freezing Osun account, calls Gov Adeleke

August 6, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Copyright © All rights reserved. | DarkNews by AF themes.