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Navy to enact new directive on oil theft, others

The Nigerian Navy yesterday said a new policy directive will be promulgated to address private maritime security firms and oil theft.
Chief of the Naval Staff Vice Admiral Ibok-Ete Ibas spoke while closing the second Offshore Patrol Vessel (OPV) Africa conference in Lagos.
He said the new policy, to be enacted by President Muhammadu Buhari as part of efforts to run a transparent, cost-effective and efficient government, was in line with global best practices.
According to him, the new policy directives and strategies aimed at tackling oil theft and other maritime vices would yield result shortly.
While acknowledging the role played by private security firms, Ibas said the President’s desire was to recapitalise and reposition the navy.

He said: “The navy remains a cornerstone of President Muhammadu Buhari’s efforts at running a transparent, cost-effective and efficient government in line with global best practices.
“With these noble and patriotic objectives in mind, a new vista has been established in our quest to derive maximum economic benefit from the seas.
“In this regard, policy directives and strategies aimed at tackling oil theft and other maritime vices will be promulgated by President Buhari.
“I warn that it will no longer be business as usual for criminals.  The result of this new approach will manifest shortly.
“The new policy will address private maritime security companies bearing in mind the cardinal interest of Nigeria.”
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