2023 Budget: Oil thieves Nigeria’s worst enemy, Lawan tells Buhari

Senate President Ahmad Lawan says oil thieves are Nigeria’s worst enemy as President Muhammadu Buhari presents the 2023 appropriation bill to the joint session of the national assembly.
The Senate tweeted about the development via its official Twitter account.
During the presentation, Mr Lawan explained that the national assembly consistently passed the appropriation bill before the end of the year for Mr Buhari to sign it into law before the new year.
“The Ninth National Assembly has been consistent in passing the appropriations bill before the end of the year so that it can be signed into law before the beginning of a new year,” said the Senate president. “Mr President, I consider the oil thieves the worst enemy of our country…We can reduce the deficit by stopping the theft.”
Mr Buhari is the minister of petroleum resources and has failed to rein in the looting of the country’s crude oil, with Nigeria losing 95 per cent of its oil under his regime, according to Tony Elumelu.
Mr Elumelu, in March, lamented that Bonny Terminal ought to be receiving 200,000 barrels of crude oil instead of the 3,000 barrels on a daily basis.
The Heirs Holding chairman said, “Businesses are suffering. How can we be losing over 95% of oil production to thieves? “Look at the Bonny Terminal that should be receiving over 200k barrels of crude oil daily, instead it receives less than 3,000 barrels, leading the operator @Shell to declare force majeure.”
We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.
More from Peoples Gazette

Agriculture
FG tasks ECOWAS on leveraging financing strategies for agroecology
The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices

Politics
Katsina youths pledge to deliver over 2 million votes to Atiku
“Katsina State is Atiku’s political base because it is his second home.”

Lagos
Lagos council inducts 156 financial inclusion experts
The chairman urged the inductees to use the digital devices provided to them with integrity.

Heading 1
FCCPC resumes implementation of digital lending regulations
WASPAN had challenged the Commission’s authority to issue and implement the DEON Regulations.

Heading 5
Lagos seeks stronger ties with Turkey to boost investment opportunities
Mr Hamzat described the longstanding relationship between Lagos and Turkish firms as productive.Â

NationWide
FG, NASS reiterate commitment to support roles of electricity regulators
Mr Babalola said the Electricity Act decentralises aspects of governance.

Economy
Flutterwave’s Fidelis Chiwara advocates stronger ecosystem collaboration at AT50 Market Open
Mr Chiwara stressed that Africa’s long-term opportunity lies in creating stronger connections between markets.Â

Heading 4
Ex-England captain, manager Kevin Keegan dies following battle with cancerÂ
Mr Keegan’s death came over a month after he publicly announced for the first time that he was battling stage four cancer.





