Oil crisis, 'war' loom as Tinubu moves to revoke Tompolo's $144 million pipeline security contract

The Internet has exploded with Thursday's news that President Bola Tinubu is thinking about revoking multi million naira pipeline security contrat awarded to former Niger Delta militant leader, Government Ekpempolo, popularly known as Tompolo.

Netizans took to their social media handles to express their views about the impending war in the Niger Delta and oil shortage if President Tinubu makes the allegation a reality.

Some persons said that Tinubu maybe intending to reallocate the contract to Sunday Igboho, while others said that the impending war will be an interesting watch.

Daily Insider reports that President Bola Tinubu's administration is allegedly reported to be considering revoking the $144 million pipeline surveillance contract awarded to Tantita Security Services, owned by Tompolo. 

The contract, valued at $120,000 per month, was aimed at combating crude oil theft, illegal refining, and pipeline vandalism in the Niger Delta.

The move has sparked uncertainty among Tompolo's associates, with some viewing it as part of broader corporate diplomacy, while others see it as heightened scrutiny of pipeline security operations. The contract's financial scale has also raised tensions, with critics questioning oversight, transparency, and concentration of influence.

A lawyer, Blessing Agbomhere, has urged the Federal Government to sustain the contract, citing its success in curbing oil theft and stabilizing regional peace. 

The House of Representatives has also launched a probe into the contract's award and execution.