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… Tantita Security Services Nigeria Limited alleges NNPCL is sabotaging its efforts on crude oil theft
The Nigerian National Petroleum Company Limited has denied that it is opposed to the transaction between Oando Oil Limited and Nigerian Agip Oil Company, saying that NEPL was just drawing attention to certain important clauses in the Joint Operation Agreement JOA that governs the business
According to NNPC Limited in a press release posted on its X (Twitter) handle, it stated: “ It has come to our notice that a routine communication in the form of a letter written by NEPL to its joint partners Nigerian Agip Oil Company is being interpreted to suggest that NNPC Limited is opposed to the sale NAOC share to Oando Oil Limited. This is not correct”
The press release which was signed by GarbaDeen Muhammad, chief Corporate Communication Officer of NNPCL stated further that NNPC Limited wishes to state that the letter was sent by NEPL, an NNPCL subsidiary.
However, nowhere was opposition or objection to the transaction mentioned in the letter by NEPL
The House of Representatives has invited the Nigerian National Petroleum Company (NNPC) Limited to appear before it to respond to allegations made by a private security company, Tantita Security Services Nigeria Limited, alleging that the company hired its services to secure pipeline but denied it access to the same pipelines.
According to Channels Television, the House Adhoc Committee which commenced an investigation into crude oil theft in the country was not pleased that the NNPCL failed to honour its earlier invitation and gave another chance to the management and other vital stakeholders that did not attend the opening session.
Meanwhile, the Nigeria Extractive Industries Transparency Initiative (NEITI) said crude oil valued at over N16 trillion has been stolen in the country since 2009.
NEITI Executive Secretary, Ogbonnaya Orji, stated this at an investigative hearing of the House, alleging that culprits include high-profile members of the society, security agencies, and host communities.
