The Nigerian senate has expressed concern over the financial haemorrhage in the oil and gas industry in the last sixty-one years which has led to a huge loss of revenue meant for the nation.
Sponsor of the motion, Senator George Thompson Sekibo alongside 29 others at Thursday’s plenary moved for ‘computerised oil facilities Management Gadgets to curb stealing in the oil sector.
Senator Sekibo who represents Rivers East Senatorial District emphasized that about 90% of the nation’s revenue was derived from oil and gas exploration and must be taken seriously by the government.
“You are aware that about 90% of Nigeria export revenue comes from oil, gas and associated products.
“Believes that Petroleum products business as the mainstay of our national economy ought to have…