Senate,
yesterday, said it was prepared to back capital punishment for oil thieves and
those engaged in bunkering if it would solve the problem of pipeline vandalism.
Inaugurating
the Senate Joint Committee on Petroleum Industry Bill, PIB, at the Senate
Conference Room, Senate President David Mark, said that there was no bigger
punishment that could be meted out to oil thieves in Nigeria than capital
punishment.
While
charging the committee to recommend ways of curbing oil bunkering, Mark
insisted that “the law must have a huge punishment on those that steal our oil
to serve as a deterrent to other people who plan on stealing our oil.
“The
Bill must also ensure that the current rate of oil theft in the country is
minimised to the barest minimum.
“It
seems we are having a bad name internationally because of the rate of oil
theftin the country. Oil theft deserves capital punishment.
“If
it is the public wish, I will endorse a death penalty for oil thieves, if it
will stop oil theft and bunkering. It is an unusual situation so it deserves an
unusual remedy and drastic punishment.”
Senator
Mark assured that the Senate would do everything possible to ensure the PIB was
given serious and accelerated attention.
He
said: “We are taking this bill seriously. Theworld is changing so fast. So is
the petroleum industry. This is not a new bill buta review of the bill to meet
with international best practices.
“Nigerians
are patriotic enough to know that what we are doing is in the best interest of
all Nigerians. We have to update the bill so that we can encourage investors.
The bill is a win-win situation for all the parties involved.”
Mark
appealed to Nigerians to cooperate with the committee by coming forward
withways on how to reposition the country’s oil sector, adding that members of
the four joint- committees were not only men of proven integrity, but with the
interest of Nigeria at heart.
He
said, “We are aware of the competition involved in the oil industry in the
world. I want to assure you that all the members of this committee are
patriotic Nigerians and the report of this committee will be true reflections
of the public views. No member of the committee has a fixed position, this is
the first time we are putting four committees together and make the bill that
all Nigerians will be happy with.
“This
bill must show transparency in the oil industry so that investors will come and
get a return on their investment”, adding: “We also want to explore oil in some
other parts of the country and not only in the Niger Deltaas we are doing now.
“There
is no reason why we can’t find oil in the northern part of the country. The PIB
bill is a bill to unite the country and not divide it.It will open up the
industry so that we can attract new investors.’’
In
his vote of thanks, Co-chairman of the Senate Joint Committee on PIB, Senator
Umaru Dahiru, PDP, Sokoto South, assured that members of the committee were
dedicated and would do a thorough job thatwill be appreciated by all.
He
said the members will not only work as a team but take the interest of all
Nigerians at heart while carrying out the public hearing on the PIB.
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