In a significant move to combat the ongoing issue of crude oil theft in Nigeria, the House of Representatives has introduced the “Crude Oil Theft (Prevention and Prohibition) Bill, 2025 (HB.2468)”. Sponsored by cand supported by 21 other legislators, this legislative proposal aims to address the long-standing challenges posed by crude oil theft, which has severely impacted the nation’s economy. Bill progress, committee stage.
Hon. Doguwa, a prominent member of the House and Chairman of the House Special Committee on Crude Oil Theft and Pipeline Vandalism, is spearheading the initiative. The bill seeks to create a comprehensive legal framework designed to prevent and prohibit crude oil theft, potentially involving new regulations, increased penalties, and improved enforcement measures.
The bill has successfully passed its “First Reading,” marking its formal introduction into the legislative process. It will now move through subsequent stages, including a second reading, committee review, and opportunities for debate and amendment.
This legislative effort is a response to the urgent call to address the severe economic and environmental consequences associated with crude oil theft. The House Special Committee, under Hon. Doguwa’s leadership, was established specifically to tackle these pressing issues, aligning with the concerns of the executive branch and President Bola Ahmed Tinubu regarding attacks on oil facilities.
Crude oil theft has resulted in significant economic losses for Nigeria, costing the country billions of dollars in revenue each year and contributing to a decline in oil production. The ramifications extend beyond the economy, as the illegal activities often lead to pipeline vandalism and oil spills, which have detrimental effects on the environment and the livelihoods of local communities.
As the bill progresses through the legislative process, it represents a critical step toward safeguarding Nigeria’s oil resources and revitalizing the nation’s economy while addressing environmental concerns.