For a successful fight against oil theft, TANTITA Security Services Nigeria Limited has advocated for a wider collaboration that will involve relevant agencies, oil producing communities and the use of advanced technology in fighting oil theft in Nigeria.
This was TANTITA’s presentation at the House of Representatives Special Committee on Crude Oil Theft public hearing to address the issue of crude oil theft in Nigeria.
TANTITA’s presentation was adjudged to be outstanding at the hearing as it reeled out data-driven approach, showcasing the effectiveness of their efforts in combating oil theft.
TANTITA also backed its presentation with statistics on oil theft in the areas where they operate, details of surveillance and monitoring systems, and success stories of arrested oil thieves and recovered stolen oil.
The hearing also brought together representatives from various organizations which include the Nigerian National Petroleum Company Limited (NNPCL), National Inland Waterways (NIWA), TANTITA Security Services Nigeria Limited, the Central Bank of Nigeria (CBN), and Department of State Services (DSS).
In its presentation, NNPCL highlighted the impact of crude oil theft on the nation’s economy and the need for collaborative efforts to address the issue.
NIWA emphasized the importance of securing inland waterways to prevent oil theft.
CBN analysed the financial implications of oil theft and the need for a multi-faceted approach to address the issue.
The Directorate of State Security Services (DSS), shared intelligence on the modus operandi of oil thieves and the need for enhanced security measures.
The public hearing underscored the severity of crude oil theft in Nigeria and its far-reaching consequencies.
