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.
Nigeria lost 4.5trn oil barrels to theft in 4 years — Minister
Dr Mohammad Abubakar, Minister of Environment, on Monday, disclosed that Nigeria recorded 4,919 oil spills between 2015 to March 2021 and lost 4.5 trillion barrels of oil to theft in four years. Abubakar disclosed this at a Town Hall meeting in Abuja, organised by the Ministry of Information and Culture, on protecting oil and gas […]
Nigeria losing 0.2m barrels of oil daily to theft, vandalism
By Obas Esiedesa THE Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari has disclosed that Nigeria is presently losing about 200,000 barrels of crude oil daily to thieves and vandals. Kyari made this disclosure during a meeting with the Chief of Defence Staff, Major General Lucky Irabor, in Abuja on […]
Oil theft: How DPR failed to account for 329,420,319 barrels of oil valued at over $20 billion for 7 years – Reps
By Levinus Nwabughiogu-Abuja House of Representatives on Wednesday expressed displeasure with the failure of the Department of Petroleum Resources, DPR to account for the millions of barrels of oil allegedly missing. Specifically, the House said that a whopping volume of 329,420,319 barrels valued at over $20 billion could not be accounted for by the agency […]
Six expatriates, one Nigerian jailed 7yrs for oil theft in Rivers
By Davies Iheamnachor A Federal High Court sitting in Port Harcourt, Rivers State, has convicted and sentenced six foreigners and a Nigerian to seven years imprisonment for oil theft. Justice J.K Omotosho jailed the suspects after three years of prosecution by the Port Harcourt Zonal Office of the Economic And Financial Crimes Commission, EFCC, who […]
OIL THEFT, ILLEGAL REFINING: Nigeria’s economy bleeds as illegal activities boom in Niger Delta – Investigation
THERE are indications that oil theft and illegal refining have attain new heights in Nigeria as Shell Petroleum Development Company Limited (SPDC), with over 600,000 barrels daily output, recorded 39 oil spill cases in the second quarter (April – June) of 2020, according to data obtained from SPDC.
