Nigeria’s Vice President, Professor Yemi Osinbajo, said pipeline vandalism is as bad as terrorism as such activities desecrate national sovereignty and should not be tolerated.
The Vice President, who is disgusted with incidences of pipeline vandalism, especially in the Niger Delta region, declared that the federal government is determined to curb the menace.
“Vandalism is an ongoing threat that must be looked into with a view to putting a final stop to it”.
VP Osinbajo made assertion on Friday at the Osubi airstrip in Okpe Local Government Area, Delta State in a chat with Newsmen shortly after an on-the-spot assessment of on-going repair work on the vandalized Forcados Terminal in Burutu Local Government Area.
Delta State Governor, Dr. Ifeanyi Okowa, officials of Shell Petroleum Development Company, SPDC; NNPC and other top government functionaries accompanied the Vice President.
He noted that the damage on the Forcados Terminal has caused the country drop in electricity generation because of low gas supply.
Osinbajo acknowledged that most power plants in the country are working below installed capacity, which the federal government regrets, the Vice President assured that efforts are being made to fix the vandalized Forcados Terminal.
Delta State Governor, Dr. Ifeanyi Okowa stated that the country is losing 300,000 barrels of crude oil production per day due to vandalism of the Forcados Terminal, just as he revealed that repair work on the terminal is likely to be concluded on or before the end of next month.