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You are at:Home»Breaking News»Tompolo set to receive over N4bn monthly from FG to curb oil theft
Breaking News

Tompolo set to receive over N4bn monthly from FG to curb oil theft

DailyblastBy DailyblastAugust 19, 2022012 Mins Read
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The Federal Government has renewed a multi-million dollar pipeline surveillance contract to a former militant leader and Commander of the defunct Movement for Emancipation of Niger Delta (MEND), Government Ekpemupolo, aka Tompolo, TheNation newspaper is reporting.

It is reported that the government and the Nigerian National Petroleum Corporation (NNPC) Limited signed the deal with Tompolo to end illegal bunkering, illegal refining and other forms of oil theft in the Niger Delta. A source close to Tompolo, who spoke in confidence with TheNation, said the deal was worth over N4billion monthly.

However, the figure and details of the contract could not be immediately confirmed officially as of press time. The source said the former MEND commander, known for his creek credibility, will monitor and oversee other surveillance contracts, contractors and their activities in the entire Niger Delta.

He said it was a similar role Tompolo played during the former administration of President Goodluck Jonathan when Diezani Alison-Madueke was the Minister of Petroleum. “The government merely reviewed and restored his old contract.
Before the cancellation of his contract, the arrangements he put in place tackled illegal bunkering and increased production quota to over two million barrels per day. But the new government cancelled the contract, declared him wanted and he was later exonerated of all wrongdoings.

“They have realised the need to bring him back because currently, the country is losing over 500,000 barrels per day to illegal bunkering”, he said. The source said the new deal was brokered by the Minister of State for Petroleum, Chief Timipre Sylva and some NNPC top officials including the Group Executive Director, Upstream, Adokiye Tombomelye. He said NNPC as a new profit-making venture was determined to curb all illegal activities affecting its operations and making it run at a loss every month.

The source said Tompolo held a crucial stakeholders’ meeting in his Oporoza country home in the Gbaramatu Kingdom, Delta State on Wednesday

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