The Minister of State for Petroleum Resources, Chief Timipre Sylva has explained what the agenda of the Federal Government would be implementing in the Petroleum Sector to boost confidence and stability.
The former Bayelsa governor said the Federal Government as part of a new policy direction would pursue the sanitization of the oil sector vigorously and curb losses in crude oil production.
Sylva who spoke in an interview shortly over the weekend also disclosed that the Federal Government would aggressively promote a considerable increase in the production of oil.
He said the government is determined to adopt a zero policy for crude oil production losses.
“First, we will need to sanitize the Oil Industry. I believe that we cannot condone losses in crude oil production. We must ensure zero loss. We must not lose any crude oil. We must develop our abundant gas deposits in the sector and generally sanitize the sector.”
Speaking on the forthcoming Bayelsa State governorship election, Sylva who doubles as the leader of the All Progressive Congress (APC) in the state predicted that the APC would win the November 16 governorship election.
He disclosed that APC had become a party of choice and it is very clear that Baylesans are ready to embrace APC to govern the state by giving it mandate in the November 16 governorship election.
“APC is winning the governorship election. We are taking it. It is apparent. It is very sure. The deaf can hear, and even the blind can see. It is very