APC Reviews Federal Government's Efforts in Securing Oil Installations

Politics News

APC Reviews Federal Government's Efforts in Securing Oil Installations
APCFederal GovernmentOil Installations
  • 📰 GuardianNigeria
  • ⏱ Reading Time:
  • 13 sec. here
  • 11 min. at publisher
  • 📊 Quality Score:
  • News: 40%
  • Publisher: 94%

The All Progressives Congress (APC) reviews the Federal Government's efforts in securing oil installations and infrastructure, stating that it can reverse the country's losses and boost revenue.

The All Progressives Congress ( APC ), yesterday, reviewed Federal Government ’s efforts in securing oil installations and infrastructure, submitting that such efforts are capable of reversing the country’s losses, which was put at $46.16 billion within 11 years, by the Nigerian Extractive Industries Transparency Initiative (NEITI). The agency’s record also showed that between 2009 and 2020, the country lost about 619.7 million barrels of crude to theft.

The ruling party, which spoke through its South South Zonal Organising Secretary, Blessing Agbomhere, expressed optimism that the Federal Government’s war against oil theft in the Niger Delta would boost the country’s revenue amid a dwindling economy

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

GuardianNigeria /  🏆 1. in NG

APC Federal Government Oil Installations Infrastructure Losses Revenue Oil Theft Niger Delta Economy

Malaysia Latest News, Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Federal Government to Clamp Down on Economic Saboteurs, Says Senate LeaderFederal Government to Clamp Down on Economic Saboteurs, Says Senate LeaderThe Leader of the Senate, Senator Opeyemi Bamidele, has revealed that the federal government will clamp down on economic saboteurs who made lives difficult and unbearable for Nigerians next year.
Read more »

Federal Government Reduces Deficit in 2024 BudgetFederal Government Reduces Deficit in 2024 BudgetThe federal government has reduced the deficit in the 2024 budget to below 3.8 percent of Gross Domestic Product (GDP), thereby reducing the reliance on borrowing.
Read more »

Federal Government to Reserve 5% Employment Slot for Persons with DisabilitiesFederal Government to Reserve 5% Employment Slot for Persons with DisabilitiesThe Federal Government is implementing a policy that requires Ministries, Departments and Agencies (MDAs) to allocate 5% of employment opportunities to persons with disabilities. This initiative aims to empower individuals with disabilities and reduce the number of beggars in the country.
Read more »

Federal Government Takes Over Three Commercial Banks in NigeriaFederal Government Takes Over Three Commercial Banks in NigeriaThe federal government has taken over three commercial banks – Union, Polaris and Keystone – following the dissolution of their management and boards by the Central Bank of Nigeria (CBN) yesterday.
Read more »

N1.5 Trillion Debt Owed to Federal Highway Contractors to be Paid Off by Nigerian GovernmentN1.5 Trillion Debt Owed to Federal Highway Contractors to be Paid Off by Nigerian GovernmentThe Nigerian Federal Government plans to clear the N1.5 trillion debt owed to contractors responsible for constructing federal highways nationwide. A verification committee has been established to screen contractors' certificates and recommend payments. Contractors are urged to provide proof of debt generation.
Read more »

Former APC Chairman Reveals Events Leading to His RemovalFormer APC Chairman Reveals Events Leading to His RemovalAdams Oshiomhole, a former national chairman of the All Progressives Congress (APC), has revealed some of the events that led to his removal from office. He spoke at the launch of a book authored by Salihu Lukman, a former national vice chairman (North-west) of the party.
Read more »



Render Time: 2025-03-22 06:09:08