Lawan, Gbajabiamila: Nigeria loses 1million oil barrels daily

Lawan, Gbajabiamila: Nigeria loses 1million oil barrels daily

PresidentĀ of the Senate, Ahmad Lawan, and Speaker of the House of Representatives, Femi Gbajabiamila have tasked President Muhammadu Buhari on the completion of all on-going projects in the 2023 fiscal year.

Lawan asserted that the country loses up to one million barrels daily. Lawan and Gbajabiamila, who spoke at the presentation of the 2023 Appropriation Bill by President Muhammadu Buhari, to a joint session of the National Assembly, said the completion of the on-going projects is essential, especially as the tenure of the present administration will elapse next year.

The Senate President and the Speaker frowned on the spate of oil theft in the country, noting that the ugly development is affecting the revenue of the government.

Consequently, they charged the executive arm of government to see oil theft as economic sabotage and deal with the perpetrators accordingly.

Lawan, in his opening speech, said: ā€œThe last three Budgets have made generous provisions for different projects. While some have been completed, work on others are on-going at high paces. The 2023 Budget should therefore focus on completing a lot more. Mr President, I strongly believe that the 2023 Budget should target at completion of on-going projects, especially our legacy projects.

Read the full story in The Sun

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Lawan, Gbajabiamila: Nigeria loses 1million oil barrels daily

 

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