Youth Leaders Praise Court Ruling on Oil Surveillance Contract

Youth leaders have commended a recent ruling by the Federal Capital Territory High Court, which upheld the contract of Tantita Security Services Nigeria Ltd for pipeline surveillance, crucial for Nigeria's oil sector recovery. Mr.
Godwin Meliga, the group's national coordinator, emphasized that this judgment signifies a major economic and security milestone, affirming Nigeria's progress in curbing crude oil theft. Prior to Tantita's involvement, Nigeria faced unprecedented levels of oil theft, losing approximately 250,000 barrels daily from January to September 2021, totaling around $4 billion.
Following Tantita's intervention, theft has sharply declined, and oil production has rebounded to nearly two million barrels per day. The youth leaders urged the federal government to swiftly renew Tantita's contract and resist pressures to alter the arrangement, highlighting the company's significant contributions to stabilizing the Niger Delta and enhancing economic activities.
They also recognized the leadership of Chief Kestin Pondi and Matthew Tonlagha, advocating for national recognition of their efforts.
Plus234Feed summary based on reporting from This Day. Read the original report below.
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