Speaker Femi Gbajabiamila of the House of Representatives urged President Buhari to treat individuals involved in oil theft as committing treason against the nation.
He stated this yesterday, during 2023 budget presentation
”It is the sense of the House of Reps that those engaged in these activities are agents of economic sabotage determined to bring our country to its knees,” he said.
The systems in place to safeguard the nation’s oil and gas resources, he said, needed to be quickly and thoroughly overhauled since they were no longer sufficient.
He claimed that changes were obviously required to stop the revenue losses brought on by the continued sabotage.
“This is especially so at this time when the conditions of our national finances require significant borrowing to finance government operations, sustain investments in infrastructure and national security and improve the living conditions of the Nigerian people.
“ It is noteworthy that Mr President, the President of the Senate and my good self, without comparing notes dwelt extensively on this subject. This underscores its importance and the imperative to act and act quickly.”