Tag: oil theft
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Nigeria lost $48m to pipeline vandalism, oil theft in six months – NNPC GMD
Nigeria lost $48 million to pipeline vandalism and crude oil theft between January and June 2020, it was learnt on Tuesday. It was further learnt that it is practically impossible for now to stop the smuggling of crude oil products across the country’s borders to neighbouring countries. This is even as the Federal Government requires…
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Nigeria loses $750m to oil theft in 2019 – NNPC
The Nigerian National Petroleum Corporation (NNPC) has disclosed that the nation lost about $750 million to oil theft in 2019. In a presentation to members of the Executive Intelligence Management Course 13 of the National Institute for Security Studies (NISS) who visited the NNPC Towers, Abuja, on a study tour Tuesday, the Group Managing Director…
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Oil theft: Navy hands over 8 suspects, 1 vessel to EFCC
The Nigerian Navy Ship (NNS) DELTA on Monday in Warri handed over eight suspected oil thieves and a vessel to the officials of the Economic and Financial Crimes Commission (EFCC). The News Agency of Nigeria (NAN) reports that the vessel was laden with about 100,000 litres of Automotive Gasoline Oil (AGO) which was believed to…
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Oil theft, sea piracy has reduced in Niger Delta, says FOC
Rear Adm. David Adeniran, the Flag Officer Commanding Eastern Naval Command, Calabar, on Friday said that oil theft and sea piracy have reduced drastically in the Niger Delta region. He was speaking on the sideline of the fourth quarter exercise of the Nigerian Navy tagged ‘Exercise Ani-Oforifori’, meaning ‘chase thief’ in Kalabari language. The FOC…
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Niger Delta now witnesses less oil theft, illegal bunkering – Buratai
The Chief of Army Staff, Lt.-Gen. Tukur Buratai says contrary to notion in some quarters, illegal bunkering, refinery and oil theft in the Niger Delta had reduced. Fielding questions from journalists in Uyo, on Tueswday, Buratai said with the establishment of new army formations in the region, illegal activities were being checkmated. The army chief…