Oil theft: Navy confiscates over 303,700 litres, deactivates 23 illegal refineries in Niger Delta
The Navy also discovered and deactivated 23 illegal crude oil refining sites while several wooden boats, and pumping machines were recovered
Oil theft: Nigeria lost N16.25trn in 11 years —Reps Speaker
-Speaker of the House of Representatives, Tajudeen Abbas, has said the country lost about $46 billion (N16.25 trillion) to crude oil theft between 2009 and 2020.
End oil theft, prosecute all involved, Kachikwu urges Tinubu
Presidential candidate of the African Democratic Congress, ADC, in the 2023 polls, Dumebi Kachikwu, has urged President Bola Ahmed Tinubu to end crude oil theft in the country and prosecute all those involved.
International Maritime Organisation declares Nigerian waterways unsafe over abandoned oil-theft vessels – Navy
Nigerian Navy has revealed that the unfortunate culture of abandoning oil theft vessels along the waterways was one of the major reasons the international Maritime Organization, IMO, declared the country’s ports and waterways unsafe to do business in the past.
Oil theft: Navy returns stolen crude-laden vessels to owners in Bayelsa
The Nigerian Navy on Friday returned a merchant tanker vessel, MV TIS IV, and a Barge Podium held for complicity in oil theft to their owners in compliance with a court judgement.
Oil thieves fight back, as Audi’s NSCDC increases onslaught
Within two years, Dr Audi also established a financial crimes department to track money laundering, terrorism financing and proliferation of fire arms in the country.
