FG meets 2025 oil revenue target, credits PINL, security

• Surveillance firm reiterates commitment to sustainable energy security

By Tony John, Port Harcourt

The Federal Government has announced that, for the first time in many years, it has met the oil and gas sector revenue benchmark for 2025.

The announcement, made by the Federal Inland Revenue Service (FIRS), attributed the milestone to sustained peace in the Niger Delta region, championed by operations of security agencies and pipeline surveillance contractors like Pipeline Infrastructure Nigeria Limited (PINL), among others.

The spokesman for the FIRS Executive Chairman, Dare Adekanmbi, confirmed the development in a statement on Wednesday, August 13, 2025.

According to the statement, the Chairman, Zacch Adedeji, made the remark when he received a delegation of military top brass led by Chief of Defence Staff (CDS), General Christopher Musa.

Adedeji noted that the improved security situation in oil-producing areas had boosted production, resulting in greater profitability for companies in the sector and higher tax revenue for the federation.

He commended the Armed Forces and other security agencies for their contribution to maintaining stability, noting that the success aligns with President Bola Tinubu’s commitment to “taxing prosperity and not poverty.”

“Prosperity can only be achieved in an atmosphere of peace. The Armed Forces are critical stakeholders and central to sustaining peace in the country,” he said.

The General Manager, Community and Stakeholders Relations of PINL, Akpos Mezeh, made the disclosure at the August 2025 Stakeholders’ Engagement with pipeline host communities from Rivers, Abia, and Imo States, held in Port Harcourt on Thursday, August 14, 2025.

Mezeh acknowledged that PINL’s activities contributed to the attainment of the nation’s oil revenue target.

He attributed the success to the robust partnership between the company and its host communities and the consistent application of proven strategies by the company.

He said, “PINL recorded zero infractions in the past month, contributing to increased national crude oil production. The Federal Government has met its 2025 oil and gas sector revenue due to peace and stability in the communities hosting oil and gas facilities in the Niger Delta, which the Chairman of FIRS has confirmed.

“These results underscore the strength and effectiveness of our partnership, which can be attributed to consistent application of proven strategies such as safety measures for surveillance personnel, timely salary payments, rapid dispute resolution within communities, amongst others, which combined efforts have resulted in reduced downtime and increased trust.”

He announced some of the company’s achievements, including interventions at an oil spill location in Yorla, Kpean community in Khana Local Government Area, and the busting of illegal bunkering sites in Umubule and Oyigbo communities, both in Rivers State.

Mezeh used the medium to update stakeholders on PINL’s Corporate Social Responsibility (CSR) packages for youths and women of the host communities.

He reiterated PINL’s commitment to sustainable energy security in the country, calling for support from all stakeholders.

“We reaffirm our unwavering commitment to sustainable energy security, in full alignment with the Renewed Hope Agenda of the Federal Government. We have a shared responsibility to rescue our economy from further bleeding, and achieving this goal requires that all hands remain on deck.

“We look forward to your honest and constructive feedback on how we can sustain and surpass our outstanding records in combating pipeline vandalism, oil theft, and environmental pollution,” he said.