• Login
  • Register
Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Public Offer & Right Issues
      • Stock Market News
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Public Offer & Right Issues
      • Stock Market News
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
Nairametrics
Home Sectors Energy

Nigeria recorded 240 incidents of crude theft in one week – NNPCL 

Omono Okonkwo by Omono Okonkwo
July 26, 2023
in Energy, Sectors, Spotlight
Oil theft: Nigerian Navy's vigilance saves over N71.8 billion in oil assets from April 2022 - June 2023

Crude oil theft (Image credit: Getty image)

Share on FacebookShare on TwitterShare on Linkedin

The Nigerian National Petroleum Company Limited (NNPCL) has said that the country recorded 40 incidents of crude oil theft between July 15 and July 21, 2023.

The company stated this on Tuesday via its official Twitter account.  

According to the NNPCL, the war against crude oil theft is still raging across the Niger Delta region, specifically highlighting Rivers, Bayelsa, and Delta states, the company said that 93 illegal connections were found, and disconnections as well as repairs are ongoing.

MoreStories

Trump vows to impose 25% tariffs on autos, pharmaceuticals, others 

What U.S. travel restrictions mean for Nigerians with visas and new applicants 

December 17, 2025
Renewed Hope Estate: FG launches construction of 250 housing units in Yobe 

FG says 15.2 million housing units in Nigeria are structurally inadequate 

December 16, 2025

The company also said that 69 illegal refineries were discovered and destroyed within the highlighted period.  

Also, 27 cases of pipeline vandalism were discovered and are being fixed.

The collaboration between the NNPCL and security agencies also made it possible to arrest 30 wooden boats and trucks involved in transporting stolen crude, which were confiscated in the last week.  

The report also identified 13 vessel AIS infractions, 5 oil spills, 2 illegal vessels and 1 document validation. 13 of the incidences were recorded in the Deep Blue Water, 41 were recorded in the Western region of the Niger Delta, 169 were recorded in the Central region and 17 occurred in the Eastern part of the oil-producing part of the Niger Delta region.  

However, the company did not mention anything about the suspects found to be carrying out illegal activities using vessels, boats and other materials that were either destroyed or confiscated by the security agencies and the NNPCL.  

Opinions on vessel burning 

Earlier this month, some climate activists said the decision by the NNPCL and related parties to burn down vessels caught stealing crude oil has adverse effects on the environment and should be avoided.

Olumide Idowu, the executive director of the International Climate Change Development Initiative (ICCDI), said burning activities are jeopardizing the source of drinking water and agricultural irrigation.  

According to him, the contamination can affect the country’s aquatic ecosystem and disrupt the balance of plants and animals.

Meanwhile, Financial Analyst, Kalu Aja, earlier this month, said destroying the vessels/ships used in illegal crude trade was the best option.  

According to Aja, the Nigerian oil-lifting enterprise is an open-air crime scene, the security force is compromised to the hilt and the country is losing billions to a few well-connected crooks. He wrote on Twitter: 

  • “Bunkering has a weakness, the stolen oil must be trans-loaded to ships, once you eliminate the ships, then bunkering cannot happen to the extent it is happening today. Sinking ships used by pirates have been the norm of governments since the earth was created across the world.  
  • “Sinking an oil ship will damage the environment but the bunkering is already damaging the environment when they break oil pipes. My solution is not perfect or elegant, but no one has argued it won’t work, because it will work.  
  • “If you eliminate the ships that take stolen crude to the large ocean-going vessels offshore, you stop the bunkering. Other measures?  
  • “Start issuing end-user licenses for Nigerian crude, then sue the refineries abroad that refine Nigerian crude without that license and target their insurance. Trust me, they don’t need negative exposure or hassle.  
  • “What we can’t do is sit down and post “arrest them” as if we live in Norway. You and I know that arrests won’t stop this, but sinking the ships will.”
     

 


Follow us for Breaking News and Market Intelligence.
Tags: BayelsaDelta statesNNPCLRivers
Omono Okonkwo

Omono Okonkwo

Omono Okonkwo is an accomplished Mass Communicator, with a remarkable track record spanning over a decade across various dimensions of the field. Her proficiency encompasses Print, Digital, and Broadcast Journalism, Copywriting, Research and Writing, Podcasting, Public Speaking, as well as a comprehensive grasp of Energy Markets. Her engagement in energy market coverage commenced officially in 2016, as she assumed the role of a country correspondent (Nigeria) with Natural Gas World, a subsidiary of Minoils Media based in Vancouver, Canada. Since then, Omono Okonkwo has consistently demonstrated excellence and left an indelible mark on the ever-evolving energy sector.

Related Posts

Ojulari unveils NNPC’s $60bn investment drive, eyes 3mbpd crude production by 2030 
Energy

Nigeria’s oil output drops by 16% during PENGASSAN’s strike – NNPCL 

October 2, 2025
Aliko Dangote
Companies

NNPCL, Dangote Refinery sign new two-year crude deal 

September 30, 2025
Federal High Court
Energy

NNPCL: Court quashes Agip Contractors, 43 others’ Pipeline Surveillance Contract Bid 

September 25, 2025
Mele kyari, NNPCL
Crime and Insecurity

Mele Kyari ‘honors’ EFCC ‘invitation’ over alleged fraud investigation at NNPCL

September 10, 2025
NUPRC’s CEO, Gbenga Komolafe
Energy

New TotalEnergies deepwater deal to accelerate Nigeria’s shift to gas – NUPRC CEO

September 3, 2025
NNPC Ltd. announces Odeh as new Chief Corporate Communications Officer 
Appointments

NNPC Ltd. announces Odeh as new Chief Corporate Communications Officer 

September 2, 2025
Next Post
Lagos State says commercial sales of Eko Rice will commence in June

$2.9 billion Badagry port might be ready in 2 years – Sanwo- Olu 

Comments 1

  1. Abiodun Layo Idowu says:
    July 26, 2023 at 2:37 pm

    Who are the thieves stealing the crude oil? Are they aliens from another world? How do we know that crude oil is being stolen? Who are the people watching over the crude oil? What do the thieves do with the oil? Sold locally or shipped abroad? If sold, to whom? To mortal men or aliens from the space? How do the thieves ship the stolen oil? What routs? Are their no security personnel watching? And is stealing crude oil an experience of other oil producing nations? Or it is peculiar to Nigeria. These questions beg for true and right answers. We have heard the story too often – crude oil stolen! My people say while you are blaming the thief, you should also ask the victim of his antisocial action questions on how he has secured his property from being stolen.

    Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

rabafast
uba
tajbank
arco
access bank
nairametrics
first bank






DUNS

Recent News

  • Customs arrests Austrian with N2.28 billion undeclared foreign currency at Lagos Airport
  • What U.S. travel restrictions mean for Nigerians with visas and new applicants 
  • Police say tinted glass permit policy is lawful, clarify January 2 enforcement 

Follow us on social media:

Recent News

Nigerian Custom service

Customs arrests Austrian with N2.28 billion undeclared foreign currency at Lagos Airport

December 17, 2025
Trump vows to impose 25% tariffs on autos, pharmaceuticals, others 

What U.S. travel restrictions mean for Nigerians with visas and new applicants 

December 17, 2025
  • iOS App
  • Android App
  • Contact Us
  • Home
  • Markets
  • Sectors
  • Economy
  • Business News
  • Financial Literacy
  • Disclaimer
  • Ads Disclaimer
  • Copyright Infringement

© 2025 Nairametrics

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Social Media Auto Publish Powered By : XYZScripts.com
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Public Offer & Right Issues
      • Stock Market News
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Login
  • Sign Up

© 2025 Nairametrics