Close Menu

    Subscribe to Updates

    Get the latest news as they happen

    What's Hot

    FAAC Disburses ₦2.036 Trillion to FG, States, LGs as March 2026 Revenue

    April 23, 2026

    Yusuf Buhari, Son of Late President Buhari Declares Intention to Contest in the 2027 Elections

    April 23, 2026

    Teen Star Adeolu Oreofe Wins 2026 African Spelling Bee, Earns Presidential Praise

    April 23, 2026
    Facebook X (Twitter) Instagram
    Megastar Magazine
    • Politics

      Rescue Mission 2.0: Why Governor Dauda Lawal Should Continue Rebuilding The Future Of Zamfara Through Investment in Education

      April 22, 2026

      APC Releases Dates for Primaries, Fixes ₦100m for Presidential Form

      April 22, 2026

      Ogun East: Beyond the Motor Park Politics

      April 21, 2026

      Obi–Kwankwaso Alliance Gains Momentum with Launch of ‘OK Movement’ Ahead of 2027 Elections

      April 21, 2026

      Shekarau Dumps PDP, Returns to APC in Major Political Shift

      April 19, 2026
    • Entertainment
      1. People
      2. Events
      3. Fashion
      Featured
      Entertainment April 22, 2026

      Gov. Adeleke Presents Free Osogbo Concert With B-Red and Stars

      Recent

      Gov. Adeleke Presents Free Osogbo Concert With B-Red and Stars

      April 22, 2026

      Edo Carnival Winners, Participants Receive Befitting Prizes  

      April 22, 2026

      Davido, Chris Brown Working On Joint Album

      April 21, 2026
    • Business

      Guinness Nigeria Shines as Major Winner in Sustainability Award at Industry Awards

      April 22, 2026

      FirstBank Declares Readiness to Sponsor Global Trade Review 2026

      April 21, 2026

      Dangote Cement Reaffirms Commitment To Host Communities As LOYAMP Seeks Stronger Media Partnership

      April 20, 2026

      LG Partners With VIVA to Deliver Integrated Laundry Solutions Across Nigeria

      April 19, 2026

      Alert Group Has Secured CBN National Microfinance Licence

      April 17, 2026
    • Health

      Cross River Dismisses Report of New COVID-19 Cases

      April 23, 2026

      Cross River Activates Emergency Response As It Confirms First COVID-19 Case Since 2022

      April 23, 2026

      FG Bans Importation of Paracetamol, Metronidazole to Boost Local Drug Production

      April 19, 2026

      Heatwave Raises Malaria Risk as Health Officials Issue Nationwide Alert

      April 17, 2026

      Lagos Pushes Grassroots Health Insurance Drive With Ilera-Eko, Ilera Ibile Engagement

      April 16, 2026
    • Culture

      Adron Homes Strengthens Cultural Influence During Ibadan Cultural Festival

      April 20, 2026

      Ogun State to Showcase “The Rock That Remembers” at Milan Design Week

      April 19, 2026

      Tourism: Olumo Rock Revenue Hits N40m Monthly After Refurbishment ~ Ogun Gov

      April 18, 2026

      Adron Homes Champions Cultural Heritage at Ibadan Cultural Festival 2026

      April 17, 2026

      Abuja Hosts Nigeria–China Martial Arts Exchange to Boost Cultural Diplomacy

      April 14, 2026
    • Lifestyle

      World Bank Highlights Early Childhood Development as Key to Nigeria’s Economic Future

      April 19, 2026

      Hilda Baci Secures Third Guinness World Record, Extends Culinary Milestone

      April 6, 2026

      Lagos Hosts “Homecoming Live Music Show” as Alternative Scene Takes Center Stage

      April 4, 2026

      QR Menus and Aesthetic-Driven Dining Redefine Restaurant Experience for Gen Z

      March 27, 2026

      How My Gold Jewelry Ended In Lagoon ~ Adeboye

      March 19, 2026
    • Sports

      D’Tigress in group with France, South Korea in FIBA World Cup

      April 22, 2026

      FIFA ranking: Super Falcons top Africa at 36th position

      April 21, 2026

      World Chess Championship: Tunde Onakoya To Represent Nigeria In Hong Kong

      April 21, 2026

      Fmr. Nigerian Sports Minister Galadima Passes On

      April 19, 2026

      Lionel Messi Owns Football Club, Cornella.

      April 17, 2026
    • Contact
    YouTube Facebook Instagram WhatsApp
    Megastar Magazine
    Home » Ned Nwoko to tackle oil theft, renders support for local refiners
    News

    Ned Nwoko to tackle oil theft, renders support for local refiners

    Ifetayo AdeniyiBy Ifetayo AdeniyiMarch 13, 20254 Mins Read
    Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Tumblr Email Telegram
    Share
    Facebook Twitter WhatsApp Telegram Email

    Ned Nwoko to tackle oil theft, renders support for local refiners

    Ned Nwoko

    Ned Nwoko to tackle oil theft, renders support for local refiners

    Chairman of the Senate Ad-Hoc Committee on Crude Oil Theft, Senator Ned Nwoko (APC, Delta North), has assured that his committee will develop lasting solutions to address oil theft while supporting skilled local refiners. He emphasized that the Senate’s approach would be inclusive and solution-driven rather than punitive.

    Speaking in Abuja after a meeting with the Host Communities Producing Oil, Gas, and Pipeline-Impacted States Youth Council of Nigeria (HOSTCONYCN), led by National President Comrade Emmanuel Fiawei Pathfinder, Nwoko outlined a strategic plan to curb oil theft, protect host communities, and integrate local refiners into Nigeria’s formal economy.

    According to him, similar models have been successfully implemented in other countries to stimulate local economies and curb illegal refining.

    “The government needs to provide crude oil for these refineries and ensure that young men and women involved are brought into the formal economy. If we can do that, we can prevent them from damaging pipelines and the environment while also avoiding unnecessary clashes with security forces,” he stated.

    Nwoko also revealed plans to engage international experts to track stolen crude shipments and recover funds linked to illicit transactions. The committee is set to hold a public hearing involving key stakeholders, including security agencies, oil regulators, and host communities, to address systemic issues enabling oil theft.

    To combat large-scale crude oil theft, Nwoko noted: “We now have the capacity to track every movement of crude, whether in New York, Marbella, or anywhere else. Our goal is to recover stolen funds and put an end to these illegal operations.”

    A key highlight of his proposal is the establishment of small, government-backed refineries near abandoned oil wells. These refineries, smaller than modular refineries, would be legally operated to create jobs for youths and reduce crude oil theft.

    The HOSTCON Youth Council of Nigeria’s visit was aimed at strengthening engagement between host communities and legislative efforts. Nwoko emphasized that increased oil production would lead to better compensation and economic benefits for host communities.

    “Our objective is not to go after those refining crude oil in makeshift setups but to create opportunities for them. In many countries, governments support small-scale refining operations. If we establish similar structures, we can employ young people, reduce pipeline vandalism, and protect the environment,” he added.

    Nwoko raised concerns over corruption within enforcement agencies and announced plans to establish an independent task force that will work alongside the military, Navy, Air Force, Department of State Services (DSS), and other security agencies.

    “We will not rely solely on existing task forces because we know that many of them have been compromised. Instead, we are assembling a dedicated team to collaborate with security forces in protecting Nigeria’s oil resources,” he said.

    In the coming weeks, the Senate committee will hold a public hearing involving key stakeholders, including: Nigerian National Petroleum Corporation (NNPC), Oil companies, Regulatory agencies, Security agencies and Host communities.

    “We will ask all stakeholders to provide information and defend their claims. This is not just another routine investigation—this is a serious process, and everyone must come clean,” Nwoko stressed.

    Nwoko emphasized that the success of these initiatives depends on cooperation from all stakeholders. He urged community members to share critical intelligence on oil theft operations.

    “We need your support. We have already appointed some consultants, and we hope that some of you will officially join them. You are from these communities—you know where it hurts. Your input is invaluable,” he said.

    During the meeting, Comrade Fiawei congratulated Senator Nwoko on his appointment, highlighting his legal expertise, deep understanding of the Niger Delta, and commitment to national development. He assured the Senator of HOSTCON’s full support in tackling crude oil theft, which has significantly impacted the nation’s economy and host communities.

    In recognition of Nwoko’s efforts, HOSTCON Youth Council conferred upon him the title of Patron of the Council and honored him with the ‘Credence of Honour’ award, the highest recognition by HOSTCON Youth Council, for his advocacy and contributions to oil-producing communities.

    In response, Senator Nwoko expressed gratitude for the honor and reaffirmed his commitment to addressing crude oil theft.

    “If host communities are not protected and provided for, then this entire process is meaningless. We will work to ensure fairness and prevent the exploitation of the people,” he assured.

    The visit marked a significant step towards stronger collaboration between the government and host communities in tackling oil theft and ensuring equitable development in the Niger Delta and other impacted regions.

    Share. Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Tumblr Email
    Previous ArticleOtunba Gbenga Daniel to be Honoured with Dubai People’s Choice Legislative Excellence Award
    Next Article Katsina Gives Consent for Construction of N4.3bn Pharmaceutical Factory 
    Ifetayo Adeniyi
    • Website

    Adeniyi Ifetayo Moses is an Entrepreneur, Award winning Celebrity journalist, Luxury and Lifestyle Reporter with Ben tv London and Publisher, Megastar Magazine. He has carved a niche for himself with over 15 years of experience in celebrity Journalism and Media PR.

    Related Posts

    News April 23, 2026

    Yusuf Buhari, Son of Late President Buhari Declares Intention to Contest in the 2027 Elections

    News April 23, 2026

    Presidency Clarifies Resignations of Finance and Housing Ministers

    News April 23, 2026

    Nigeria Subscribers To Get Airtime Refunds, Marking Consumer Compensation Era

    News April 23, 2026

    FG Plans to Digitalise Police Stations Nationwide

    News April 23, 2026

    Nestlé Nigeria Celebrates 15 Years Of Impact With 20 Graduates From Flowergate Technical Training Centre

    News April 23, 2026

    Cross River Activates Emergency Response As It Confirms First COVID-19 Case Since 2022

    Leave A Reply Cancel Reply

    Don't Miss
    economy April 23, 2026

    FAAC Disburses ₦2.036 Trillion to FG, States, LGs as March 2026 Revenue

    Manny Ita – The Federation Account Allocation Committee (FAAC) has announced that a total sum…

    Yusuf Buhari, Son of Late President Buhari Declares Intention to Contest in the 2027 Elections

    April 23, 2026

    Teen Star Adeolu Oreofe Wins 2026 African Spelling Bee, Earns Presidential Praise

    April 23, 2026

    Presidency Clarifies Resignations of Finance and Housing Ministers

    April 23, 2026

    Subscribe to Updates

    Get the latest news as they happen

    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    Our Picks

    Edo speaker invested into knighthood of St Christopher

    October 31, 2021

    2021 Keffi Polo: Immortalize Late Capt Hosa Organizers Urged FG

    November 12, 2021

    Beyond the Map: The High Stakes of the Anioma Statehood Push

    April 12, 2026
    New Comments
    • Anozie okolo on Supreme Court Affirms President Tinubu’s Victory As Atiku, Peter Obi Lose
    • Mc richman on Nigeria and South African Music histories
    • Moses Ibrahim on Olu of Warri: Pictorial @ The Ogiame Atuwatse III Economic Summit.
    • Sen Rich Kay on MALARIA ERADICATION: Prince Ned Nwoko & NMEP Meet for joint action.
    Megastar Magazine
    YouTube Facebook WhatsApp Instagram
    • Privacy Policy
    • Terms of Use
    • Contact Us
    © 2026 Megastar Magazine. Designed by MANNDI

    Type above and press Enter to search. Press Esc to cancel.