Tag
CRUDE OIL THEFT
Nigeria's Vice President, Prof. Yemi Osinbajo, has said that the crude oil theft narrative in Nigeria must move past mere discussions to action.
The NSA warned of socio-economic impacts including environmental degradation, health hazards and disruption in the economic activities of the host communities.
The House of Representatives said it is fully committed to investigating the $2.4 billion Nigeria lost to crude oil theft in 2015
Nigeria’s Chief of Naval Staff (CNS), Vice Admiral Awwal Gambo, said some Naval personnel are collaborating with crude oil thieves
He added that Nigerians need to vote for a candidate that is capable of driving a credible agenda for change
This translates to 21 million barrels lost per month
The National Security Adviser, Major General Babagana Monguno, has warned that the Federal Government may lose an estimated...
Nigeria loses $700 million per month to crude oil theft
Crude oil theft has been an ongoing challenge in Nigeria's hydrocarbon industry for decades
The Nigerian Oil & Gas space has remained largely challenged by various factors, chief amongst which are age-long...
A drop in Nigeria's primary source of foreign exchange earnings, crude oil, has become a source of worry for exchange rate stability.
Nigerians operate as many as 58 illegal crude oil tapping sites in Bayelsa and Delta states in the...