I Will Put An End To Crude Oil Theft In One Week – Prince Adebayo - The Source

ADVERTISEMENT
  • Landing Page
  • Shop
  • Contact
  • Buy JNews
  • Login
The Source
  • Home
  • News
  • Politics
  • Education
  • Entertainment
  • Opinions
  • Business
  • Sports
  • Crime
  • World News
  • Parliament
No Result
View All Result
  • Home
  • News
  • Politics
  • Education
  • Entertainment
  • Opinions
  • Business
  • Sports
  • Crime
  • World News
  • Parliament
No Result
View All Result
The Source
No Result
View All Result
Home Politics

I Will Put An End To Crude Oil Theft In One Week – Prince Adebayo

The Source by The Source
January 3, 2023
in Politics
0
Ramadan: Prince Adewole Charges Muslim Faithfuls To Pray For Nigeria
0
SHARES
56
VIEWS
Share on Facebookshare on whatsappShare on Twitter

The Presidential Candidate of Social Democratic Party, (SDP) Prince Adewole Adebayo, said that within a week, his administration will implement measures to reduce crude oil theft and boost national revenue.

Prince Adebayo, “We are going to collect our lawful taxes from the various corporations.

“but we won’t increase taxes because many businesses aren’t properly taxed, especially those in the mineral resources industry.

“So many businesses are functioning unlawfully that it is difficult to tax them. These businesses are also responsible for the widespread theft of the nation’s resources, including lithium and gold.”

In regards to eliminating subsidies, he stated that, “by supporting the many commercial and modular refineries that are currently being built to run correctly, we will strengthen our self sufficiency in terms of supplies.

“Unfortunately, management of the subsidy has become welfare package for the people who are close to the presidency as most of the supplies that are being paid for by the Federal Government are fictional.”

He also said that pricing of petroleum products must be regulated so that Nigerians can afford the products once we become fully operational.

“We need to govern our resources and guard them jealously by making sure that our resources are properly taxed and improve our revenue generated.”

“We are receiving only seven percent of the taxes on the mineral resources. We can’t complain of exhausting our options in terms of revenue when we have not regulated taxes and solve supply of crude domestically” he said.

Be the first to read it our next BREAKING NEWS, POLITICS, METRO. Click here to join our WhatsApp group

Tags: Crude OilPrince Adebayo
Previous Post

AAC expels four governorship candidates over alleged misconduct

Next Post

Motorist trapped as fuel tanker spilt content in Lagos

The Source

The Source

Related Posts

Olorunda PDP Stakeholders Pass Vote of Confidence on Gov Adeleke
Politics

Olorunda PDP Stakeholders Pass Vote of Confidence on Gov Adeleke

by The Source
July 18, 2025
Failed Osun Staff Audit, Barometer For Adeleke’s incompetence As Governor,  APC Chairman
Politics

Osun APC Members Protest, Reject Automatic Ticket For Adeleke

by The Source
July 11, 2025
We Struggle To Rehabilitate Vandalized Govt Quarters, Replace Govt Vehicles Diverted – Adeleke
Politics

Osun Group Urges Governor Adeleke to Join APC

by The Source
July 9, 2025
Osun People Angry at You, APC  for Withholding Council Fund Group Tells Tinubu
Politics

Osun People Angry at You, APC for Withholding Council Fund Group Tells Tinubu

by The Source
July 7, 2025
How Ministry of Interior Managed 1.5m Applicants For 5,000 NSCDC Jobs – Minister
Politics

Coalition: We’ll Adopt International Practices – ADC Secretary

by The Source
July 2, 2025
Next Post

Motorist trapped as fuel tanker spilt content in Lagos

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Browse by Category

  • Africa News
  • Business
  • Celebrities
  • Crime
  • Economics
  • Education
  • Entertainment
  • Health
  • HumanAngle
  • News
  • Opinions
  • Parliament
  • Politics
  • Religion
  • Sports
  • Uncategorized
  • World
  • World News

Browse by Tags

Abuja Adeleke APC Aregbesola Atiku Bandits Buhari CBN Chelsea Court Davido EFCC EndSARS FG FIRS Governor Governor Adeleke IGP INEC Kaduna Lagos Muslims Naira Nigeria Nigerian Nigerians NUJ Ondo Ooni Osinbajo Osogbo Osun Osun 2022 Osun govt Osun Poly Osun State Oyetola PDP Police SDP Senate Students Tinubu Tunde Odesola US

Categories

  • Africa News
  • Business
  • Celebrities
  • Crime
  • Economics
  • Education
  • Entertainment
  • Health
  • HumanAngle
  • News
  • Opinions
  • Parliament
  • Politics
  • Religion
  • Sports
  • Uncategorized
  • World
  • World News

Browse by Tag

Abuja Adeleke APC Aregbesola Atiku Bandits Buhari CBN Chelsea Court Davido EFCC EndSARS FG FIRS Governor Governor Adeleke IGP INEC Kaduna Lagos Muslims Naira Nigeria Nigerian Nigerians NUJ Ondo Ooni Osinbajo Osogbo Osun Osun 2022 Osun govt Osun Poly Osun State Oyetola PDP Police SDP Senate Students Tinubu Tunde Odesola US

Recent Posts

  • Igbomina State Creation: A Call for Justice Not Conflict — Ctte tells House of Rep
  • Osun Online Publishers Organises Digital Media Workshop
  • S’West Youth Leaders Unite Against Insecurity, Declare New Chapter in Fight Against Social Decay

© 2022 The Source Nigeria.

No Result
View All Result
  • Home
  • News
  • Politics
  • Education
  • Entertainment
  • Opinions
  • Business
  • Sports
  • Crime
  • World News
  • Parliament

© 2022 The Source Nigeria.

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In