NNPCL Urges EFCC To Tackle Menace.

NNPCL Urges EFCC To Tackle Menace.

Nigerian National Petroleum Company Limited is appealing to the Economic and Financial Crimes Commission to help tackle the menace of crude oil theft in the country, stating that no one is ready to invest in the oil sector due to the menace.

The Group Chief Executive Officer of the NNPCL, Mele Kyari, who disclosed the appeal at an interactive session with the Executive Chairman of the EFCC, Ola Olukoyede, at the NNPC Towers in Abuja in statement by the NNPCL spokesperson, Olufemi Soneye, said, the efforts by the company to eradicate corruption from its system, to stem crude oil theft and pipeline vandalism.

Kyari had contended that going by the volume of oil stolen daily and the brazenness with which the perpetrators operate, crude oil theft was the most humongous and virulent economic crime in Nigeria that must attract the attention of the EFCC.

Speaking, the EFCC boss, Olukoyede, expressed satisfaction with NNPCL’s commitment to issues of ethics and code of conduct, and challenged the management to ensure that the codes of ethics and regulations are complemented with monitoring and enforcement to enhance deterrence.

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