Skip to content
September 20, 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

Akpabio sends passionate best wishes to VP Shettima, a steadfast patriot, on his birthday
  • Press Releases

Akpabio sends passionate best wishes to VP Shettima, a steadfast patriot, on his birthday

September 2, 2026
President Tinubu begins three-week leave
  • Press Releases

President Tinubu begins three-week leave

August 30, 2026
Birthday: Makarfi sends passionate appreciation message to President Tinubu, Nigerians 
  • Press Releases

Birthday: Makarfi sends passionate appreciation message to President Tinubu, Nigerians 

August 10, 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

Tinubu hails winners of by-elections in Gombe, Kano, Bauchi and Delta states
  • Politics

Tinubu hails winners of by-elections in Gombe, Kano, Bauchi and Delta states

September 20, 2026
PROPOSED PETROL SUBSIDY: Tinubu Campaign Council demands breakdown from Atiku
  • National News

PROPOSED PETROL SUBSIDY: Tinubu Campaign Council demands breakdown from Atiku

September 20, 2026
Shettima to declare NGE conference open in Enugu Thursday
  • National News

Shettima to declare NGE conference open in Enugu Thursday

September 20, 2026
Osimhen ​‌‌‌⁠‍‍⁠⁠‌⁠‌​​​​‍⁠‌​ruled out of Nigeria’s AFCON qualifiers as muscle injury lingers
  • National News

Osimhen ​‌‌‌⁠‍‍⁠⁠‌⁠‌​​​​‍⁠‌​ruled out of Nigeria’s AFCON qualifiers as muscle injury lingers

September 20, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Copyright © All rights reserved. | DarkNews by AF themes.