NEWS
Oil Theft, Greatest Threat to Nigeria’s Economy – Speaker Abbas

By Ubong Ukpong, Abuja
Speaker of the House of Representatives, Abbas Tajudeen has inaugurated a Special Ad Hoc Committee on Oil Theft to investigate the growing spate of pipeline vandalisation, illegal petroleum bunkering and theft.
The Speaker noted that oil theft and other oil related criminalities remain the greatest economic sabotage that has left the country with dwindling revenue.
In his address on Wednesday at the inauguration ceremony, the Speaker stressed the resolve of the 10th House to “tackle one of the largest threats to Nigeria’s economy.
”Abbas decried that Nigeria loses over 300,000 barrels of crude oil per day due to theft, vandalism, and other criminal activities.
“Some of the severe consequences of this include revenue loss, environmental disaster, threats to regional peace and security, proliferation of arms, and a poor investment climate,” he warned.
He also said the nation was reported to have incurred losses of oil revenues estimated at N1.29 trillion annually due to industrial-scale theft.
He stated that the Committee’s primary objective was to determine the proximate and remote causes of oil theft and recommend remedial measures to the House.
The Speaker said: “Nigeria is facing significant financial challenges due to a combination of rising expenditures and falling revenues. You may recall that the proposed revenue and expenditure for 2023 stand at N9.73 trillion and N20.51 trillion, respectively. This means a fiscal deficit of N10.78 trillion, which is about 4.78% of the Gross Domestic Products (GDP). This deficit is the largest in Nigeria’s history, and with a budget more than double the proposed revenue, we are faced with the challenge of borrowing to cover the gap.”
“It is for this reason that the House will significantly raise the targets for all government revenue-generating agencies. I am convinced these agencies can generate much more than they currently do. In our recent engagement with MDAs on the 2024-2026 MTEF, we have made it clear that a lot more will be required of our key revenue-generating agencies in 2024. We expect them to double their total annual revenue profile. However, to achieve this, these agencies must reduce wastage and improve efficiency, especially in collection.”
In addition to this, the Speaker said revenue-generating agencies must ensure transparency in the management of generated revenues. “Let me state clearly that the House will not tolerate low performance by agencies or failure to show evidence of required remittances to the Federation Account. We shall also closely monitor and undertake strict oversight of the activities of all revenue-generating agencies to ensure compliance,” he declared.
Speaker Abbas noted that the House set up the Special Committee to underscore the chamber’s unwavering commitment to protecting the nation’s resources for the good of all citizens and to punish the perpetrators of these dreadful crimes.
He said: “I charge you, therefore, to investigate all dimensions of oil theft, focusing on the actions of all actors, including criminal gangs, militia groups, the local populace, company employees and security agencies.
“I urge the members of this committee to approach your mandate with diligence, objectivity, a sense of urgency and patriotism. The findings and recommendations from your work will serve as a foundation for sustainable solutions rather than ad-hoc measures. I also expect your efforts to contribute significantly to enhancing the integrity of our oil sector and promoting sustainable development.”
The Speaker called on all stakeholders, including government agencies, industry players, security agencies, civil society organisations, and the general public to extend their “full cooperation” to the Special Committee for it to deliver on its mandate. He noted that “by effectively addressing this challenge, we can enhance revenue, investment and overall socio-economic progress for Nigeria.”
Earlier in his opening remarks, Chairman of the House Special Committee on Oil Theft, Hon. Alhassan Ado Doguwa, described oil theft as an issue of national importance, while the House had “taken an important and bold step” to check the crime.
“The issues of oil theft and pipeline vandalisation are not new to us, nor are they exclusive to Nigeria as a nation. However, they remain persistent threats to our economy, ecology and national security,” Doguwa stated.
Health
FG Promises Access To Eye Care For Every Nigerian

Dr Iziaq Salako, the Minister of State for Health and Social Welfare says the Federal Government will ensure that every Nigerian has access to the eye care they need.
Salako said this in Abuja on Thursday at the Eyeball Summit organized by the Optometrists and Dispensing Opticians Registration Board of Nigeria (ODORBN).
The summit’s theme was “Shaping the Future of Eye Care in Nigeria: Strengthening Systems Through Strategic Alliances”.
According to Salako, the theme is quite apt and aligns with the ministry’s current line of investment in the health sector.
He said that it also aligned with the overall goal of the Renewed Hope Agenda to ensure that Nigerians are provided with the healthcare they need at any point in time without financial hardship.
He said that in the face of rising challenges, such as the increasing burden of visual impairment and the growing demand for eye care services, the ministry may not address the issue of eye health in isolation.
“By working together, we can ensure that every Nigerian, regardless of their geographical location or economic status, has access to the eye care they need.
“This summit serves as an important platform to collectively strategise and propose concrete solutions that can strengthen the eye care system in Nigeria.
“It can not be optimally productive without strategic alliances, collaboration and cooperation.
“It is through partnerships that we can pool resources, share expertise and develop innovative solutions to overcome the gaps in eye care provision,” Salako said .
According to him, it will include increasing awareness about the importance of regular eye check-ups, ensuring that the necessary infrastructure and human resources are in place to support the delivery of services.
He said that the partnership would also promote eye health friendly policies and provide continuous professional development training to ensure that eye health care givers are up to date in their knowledge and skills.
“The government is committed to ensuring that you have the necessary tools, policies, and an enabling environment to carry out your work effectively.
“Under this administration, we will continue to expand access to affordable eye care services, which are critical in a country where a large proportion of the population live in underserved areas,” he said.
Dr Obinna Awiaka, Registrar of the board, said that the summit was, a testament to their collective commitment, resilience, and aspiration.
Awiaka said that it symbolised the board’s relentless pursuit of excellence, the prioritisation of knowledge, innovation, partnership, and an unyielding devotion to preserving and enhancing the gift of sight for all Nigerians.
According to him, in an era marked by rapid technological change, shifting patient needs, and complex healthcare challenges, it is imperative that the custodians of vision health, stay ahead of the curve.
“We must constantly evolve, embracing innovation while upholding the highest ethical and professional standards.
“The theme speaks to a fundamental truth: No single entity, no matter how skilled or committed, can achieve transformative change alone,” he said.(NAN)
Metro
Infrastructure: We Have Renovated, Furnished 60 Schools in FCT – Wike

The Minister of the Federal Capital Territory (FCT), Mr Nyesom Wike, says the FCT Administration has renovated and furnished more than 60 public schools across the territory.
Wike stated this after inspecting some ongoing projects in Gwagwalada and Kwali Area Councils of the territory on Friday.
He explained that beyond road projects, the FCT Administration had invested hugely in improving critical infrastructure in the health and education sectors among others.
According to him, every sector will receive the needed attention, and no one will be left behind.
“We have done a lot of work in schools. The schools we have renovated and furnished are more than 60 so far.
“I can tell you that no sector would be left abandoned, every sector will be focused on.”
The minister, however, pointed out that “good road network is what brings development.
“When there are no roads, which school will you go to?
“When there are no roads, which hospital will you go to?
“So first of all, the key thing that drives development is a good road network all over the world.
“If you’re talking about agriculture, how will you go and harvest your produce when there is no road?”
Wike said that the farming communities along the A2 to Pai road would be happy that they now have a road network to take their farm produce to the city and markets to sell.
He added that good road networks also impacted positively in reducing insecurity.
He explained that when people commit offences and there was no road to chase them, it would become a problem.
“But when you see this kind of road with streetlights, you will have to think twice before you commit any offence,” the minister said. (NAN)
JUDICIARY
Woman, 42, Docked Over Alleged Theft Of Soft Drinks Worth N7.688m

A 42-year-old woman, Bukola Solademi, was on Friday arraigned before a Mapo Grade A Customary Court in Ibadan over alleged theft of carbonated drinks and bottled water valued at N7.688 million.
Solademi, however, pleaded not guilty to the one-count charge levelled against her.
The court’s President, Mrs O.
E. Owoseni, admitted the defendant to bail in the sum of N500,000, with two reliable sureties in like sum.Owoseni said that the sureties must be blood relatives, show evidence of three years tax payment to Oyo State government, present their National Identification Numbers and show evidence of ownership of landed property in Ibadan.
She, thereafter, adjourned the matter till July 4 for hearing.
The Prosecutor, Insp Ayodele Ayeni, had earlier told the court that the defendant committed the offence between March 2024 and April 2025 at Ibikunle, Ayeye area of Ibadan.
Ayeni further said that Solademi stole 12 packs of Bigi water valued at N14,750, 31; packs of big Eva water valued at N309,400, 176 and packs of Mr V water valued at N264,400.
He said that the defendant also stole 405 packs of Predator valued at N1.903,400 and 14 packs of Schewepps valued at N57,600.
The prosecutor listed other items allegedly stolen by the defendant to include: 244 packs of pet coke valued at N882,300; 20 packs of big American cola valued at N128,00012 and packs of Bigi Cola valued at N240,000.
The remaining items were one carton of Lacasera valued at N1,850,240,000; 34 cartons of Pepsi valued at N104,100; 100 cartons of Coca-cola valued at N520,000 and 243 cartons of Fearless valued at N992,300.
The other stolen drinks were: 75 cartons of Bigi Fanta valued at N240,000, 14 packs of Sosa drink valued at N4,000 and 395 packs of Bigi American cola valued at N1.422 million.
Ayeni said that the drinks belonged to one Ajoke Ayinde, a businesswoman.
According to him, the offence contravenes the provisions of section 390(9) of the Criminal Code, Cap. 38, Vol. II, Laws of Oyo State, 2000. (NAN)