Oil Theft: FG Steps Up Probe, Threatens Prosecution

The Federal Government has stepped up its probe into the massive crude oil theft in the Niger Delta, as all those found guilty are going to face prosecution, the Nigerian National Petroleum Company Limited has said.

It said the oil company was also working with security agencies and the private firm contracted to carry out pipeline surveillance in the oil-rich region.

In August, it was reported that the Federal Government awarded a pipeline surveillance contract worth N48bn per annum to a firm run by Government Ekpemupolo, popularly called Tompolo, to curb the massive oil theft in the Niger Delta.