The government at the centre is making concerted efforts in addressing oil theft including spending enormous resources on pipeline surveillance security through the regular armed forces budgetary spending.
The Attorney- Generla of the Fedearaton and Minister of Justice, Mr. Abubakar Malamk made this known on Thursday.
According to him, the federal government had taken operational and strategic measures to deal with the challenge, through the signing into law of the Petroleum indus act,2021 after several years of legislative processing and cycle of review.
He said the act which seeks to provide legal governance and regulatory and fiscal framework for the Nigerian Petroleum Induatry was one of the bold attempt to overhaul the Petroleum sector in the country.
