The Federal Government can save over $200 billion yearnvironmenty by blocking loopholes in oil revenues, the Human Environmental Development Agenda, HEDA resource centre, has said.it said the funds recovered through stringent anti-corruption measures in the oil gas sector will help Nigeria. HEDA expressed regret bthat out of some 36 oil terminals in Nigeria,only 16 are metered making it difficult to monitor oil and gas production and distribution at local and international markets. it added in nigeria needs to work all stakeholders including security , media, coimmnity-based orgasnisations and anti -graft groups in order to bring the country back from the brink of economic downturn.According to him to him, the federal government is now at vantage position to prevent theft of oil and gas now better prepared to put the country nbon the path to full economic recovery.He said the acquisition of the anti-theft equipment was the first bin the country.
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