In Nigeria, Mele Kyari (Photo), MD of the Nigerian National Petroleum Corporation (NNPC) is calling for the creation of a special court for oil thefts The official made the plea on Thursday, during his address before the House of Representatives Committee on Petroleum Resources to explain why the country’s oil production dropped by over 500,000 barrels to 1.2 million barrels daily.
In the past two weeks, the Nigerian navy has arrested dozens of people in Rivers State and many more throughout the region, but the oil theft phenomenon is lingering. NNPC officials believe tougher legal tools must be put in place to punish oil theft, illegal refining and smuggling, which can be considered economic crimes.
“...it is life imprisonment for attack on these [oil] facilities. So, there are laws to support this. All we need to do is to increase the advocacy so that the legal process takes its course, prosecutions are done timely. (….)I will recommend that we set up a special court for this. Such cases will be speedily dealt with so that it is not just the ordinary ‘small’ people that you see at those locations that are prosecuted,” Mele Kyari said.
The official also alluded to the complicity of elected officials in states affected by oil theft and illegal refining. “We know that to sell crude oil on the international market is not the business of the ordinary people that you see in these illegal refinery settings. (...) It is an elitist business and we must have the courage to set up a very independent special court to try cases related to these. Otherwise the impact, today, it has on our overall economic outlook, our ability to improve foreign exchange, and also energy security for this country is threatened by very few people. Clearly, they are very few if you look at the scale of what is going on,” he explained.
Driven by above-average growth and rapidly expanding demographics, Francophone Africa is emerging as...
Algeria launches bid for two NGSO satellite telecom licenses Move aims to expand broadband ac...
EBID aims to allocate nearly 41% of its commitments to environmentally and socially impactful projec...
Coca-Cola unit trains 260+ SMEs in Namibia business skills Program targets women, youth, disabled...
Four major operators—Mauritel, Mattel, Rimatel, and Chinguitel—submitted a combined bid of ...
The April 2026 Fiscal Monitor reveals that the global fiscal gap has nearly closed, yet Africa's picture remains deeply uneven. Several African countries...
While attention is focused on the closure of the Strait of Hormuz and its impact on oil markets, another, less visible crisis is unfolding behind the...
New sovereign fund will channel mining and oil revenues into development Three sub-funds target infrastructure, stability, and long-term...
Program aims to reintegrate 200,000 excluded youth over five years Mobile school model targets rural and underserved populations Initiative addresses...
Fally Ipupa plans a two-part album project combining urban sounds and traditional rumba. The first album “XX” releases on April 17, while “XX Delirium”...
MASA 2026 gathers artists and industry professionals from over 28 countries in Abidjan. The event features 99 performances across market and...