Lawmakers from the West African Region of the Africa Conference of Parliamentarians, ACP, Group and their European counterparts have resolved to boycott the purchase of illegal crude oil from Nigeria.
The parliamentarians took the decision at a regional meeting in Abuja at the weekend.
Members of inter-continental union emphasised the need to ensure that the revenues generated from the extractive industry were distributed transparently and equitably through the national budget to contribute to sustainable development and poverty reduction.
This is contained in a communiqué read by the President of ACP-EU, Mitchel Rivasi, and the Co- President, Joyce Laboso, at after a three-day meeting held in Abuja.
The members expressed worry over the high rate of oil theft, wastage and illegal bunkering leading to substantial revenue losses and environmental pollution.
Members called on the Federal Government to put in place appropriate mechanisms and measures to fight against this organised crime.
They also expressed worry that West Africa had great potential in the energy sector, but unfortunately, it was also recognised that up to 70 per cent of its population did not have access to energy required to meet their basic daily needs.
National Mirror