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.
Oil, gas sector the most corrupt sector in Nigeria —HEDA Boss
A non-governmental organization, NGO, committed to promoting good governance, combating corruption and adjudicating for environmental justice, Human and Environmental Development Agenda, HEDA, has identified the oil and gas sector as the most corrupt sector in the nation’s economy.
Oil thieves not hidden, must be invited for talks to end oil bunkering – Tonye Cole
The candidate of the All Progressives Congress (APC) in the 2023 governorship election in Rivers state, Tonye Cole, said the people responsible for oil theft in the Niger Delta are not hidden.
Oil Theft: Asari Dokubo goofed – Eshanekpe, Mayor of Urhoboland
The Mayor of Urhoboland and notable ex-militant leader in the Niger Delta region, His Excellency Eshanekpe Israel a.k.a Akpodoro, has taken the leader of the Niger Delta Volunteer Front, NDVF, Mujahid Asari Dokubo to the cleaners over his recent allegation that the Nigerian military is involved in oil theft in the region.
Oil Theft: NSCDC boss warns against flouting presidential order
By Omeiza Ajayi, Abuja Commandant General of the Nigeria Security and Civil Defence Corps NSCDC, Dr Ahmed Abubakar Audi, has read the Riot Act to Commandants in the Niger Delta States to ensure full compliance with a Presidential order to rid the nation’s oil sector of economic saboteurs, vandals, and other categories of criminals. Director, […]
Oil theft pose huge threat to Nigeria’s economy — Osinbajo
By Fortune Eromosele, Abuja Vice President, Professor Yemi Osinbajo has said that oil theft and losses pose a serious threat to Nigeria’s economy and impact negatively on the revenue of the nation. Osinbajo spoke at the one-day Stakeholders Conference on Oil Theft and Losses in Nigeria with the theme “Protecting Petroleum Industry Assets for Improved […]
