Oil & Gas
Senate vows to expose economic saboteurs in petroleum sector
The Senate has vowed to expose saboteurs in the petroleum sector and those responsible for the importation of toxic fuel into the country.
The ‘Senate Ad-Hoc Committee to Investigate the Alleged Economic Sabotage in the Nigerian Petroleum Industry’ made this assertion during a press conference on Thursday in Abuja.
The Chairman of the Ad-Hoc Committee, Senator Opeyemi Bamidele, who is also the Majority Leader of the Senate, read the text at the press conference, flanked by all members of the panel.
Bamidele said, “We are taking this task seriously with a view to addressing fundamental issues that pose grave threats to our economic prosperity, fiscal stability, and public health as a federation.
“In line with our mandate, we will definitely unravel the roots of economic sabotage in Nigeria’s petroleum industry and make necessary recommendations that will entrench global best practices in the industry and open it up for more investments, especially in the midstream and downstream sectors.
“We are utterly committed to this mandate. We shall also carry out this national assignment without fear or favour.”
He added, “We shall be fair and just to all parties with a view to promoting and protecting the strategic national interests of our fatherland.”
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