From Premium Times via AllAfrica

President Goodluck Jonathan said on Sunday in Abuja, that the Federal Government will develop a new technology to combat the activities of oil thieves in Nigeria.

Mr. Jonathan made the promise while fielding questions at the second session of the 2015 Presidential Debate organised by the Nigeria Elections Debate Group (NEDG), ahead of the general elections.

Mr. Jonathan said the issue of oil theft was a serious challenge that must be dealt with, adding that the government was developing a technology to fight it to a standstill.

He noted that the private sector participation must be encouraged to make the oil sector truly profitable to the point of exporting petroleum products.

“The issue of stealing our common assets; we are developing a technology now, contract have been awarded and we must stop it.

“The issue of downstream is a combination of government and private sector; it has to do with refining, production of fertilizers, petrochemicals.

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