oil theft

The Nigerian Extractive Industries Transparency Initiative (NEITI) says Nigeria lost about 13.5 million barrels of crude oil, valued at $3.3 billion, to theft and pipeline sabotage between 2023 and 2024. Executive Secretary of NEITI, Dr.…

The Nigerian military's ongoing operations against terrorist groups across the country have achieved a significant milestone, saving the nation over N10 billion from oil theft in the second quarter of 2024. While briefing journalists on…

A security outfit contracted by the Nigerian National Petroleum Company (NNPC) Limited has intercepted another massive vessel carrying stolen crude oil in the Escravos area of Delta State. According to reports, security operatives joined…

Fiery Niger Delta activist, Asari Dokubo has accused the military top brass, particularly the army and navy, of being behind the massive oil theft in the region. Dokubo who met with President Bola Tinubu, pledged to support the…

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…

Nigeria lost about $42 billion to crude theft as well as domestic and refined petroleum products losses between 2009 and 2018, the Nigeria Extractive Industries Transparency Initiative (NEITI) has said. In the latest edition of its…

Mrs Christiana Abiakam-Omanu, the  Commandant of  the Nigeria Security and Civil Defence Corps (NSCDC) in Bayelsa, says the command will  leverage on inter-service collaboration to curb oil theft and vandalism Abiakam-Omanu, who spoke on…

A joint military taskforce tagged ‘Operation Delta Safe’ says it seized 24 ships allegedly engaged in the evacuation of illegal oil products in the region in 26 months. Rear Admiral Apochi Suleiman, Commander of the taskforce, made this…

The Joint Military Force (JTF) in the Niger Delta, says it has adopted environmentally friendly methods in combating oil theft and illegal refining in the region Brig.-Gen Kevin Aligbe, Land Component Commander of the joint force…

The Nigerian government has said it will legalise mini-refineries in the oil-rich Niger Delta and supply them with crude oil at a reasonable price by the end of the year. The plan was announced after a meeting between Acting President Yemi…