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Tag "Oil Theft"

Oil theft: ‘7-year-old’ illegal tapping point uncovered in Rivers community 

    Oil theft: ‘7-year-old’ illegal tapping point uncovered in Rivers community 

An illegal tapping point on the Trans Niger Pipeline (TNP) has been uncovered in the Nonwa Uedume community of Tai local government area, Rivers state. Mbakpone Okpe, executive chairman of

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Sylva to security agencies: Double your efforts to completely curb oil theft

    Sylva to security agencies: Double your efforts to completely curb oil theft

Timipre Sylva, minister of state for petroleum resources, has charged security agencies to completely eradicate oil theft in Nigeria. Sylva gave the charge while addressing troops under operation Delta Safe

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NEITI: Nigeria lost N16.25trn to oil theft, sabotage in 12 years

    NEITI: Nigeria lost N16.25trn to oil theft, sabotage in 12 years

The Nigeria Extractive Industries Transparency Initiative (NEITI) says the country lost 619.7 million barrels of crude oil valued at N16.25 trillion ($46.16 billion) from 2009 to 2020. NEITI made this

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Nigeria may lose $23bn to oil theft in 2023, says Monguno

    Nigeria may lose $23bn to oil theft in 2023, says Monguno

Babagana Monguno, the national security adviser, says the federal government may lose $23 billion in 2023 if crude oil theft continues. He said this on Tuesday during the inauguration of

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Atiku: If elected, I’ll confiscate undeveloped oil blocks, privatise refineries

  Atiku: If elected, I’ll confiscate undeveloped oil blocks, privatise refineries

Atiku Abubakar, presidential candidate of the Peoples Democratic Party (PDP), says he will not hesitate to prosecute and publish the

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I’ve been getting death threats for reforming oil sector, says Mele Kyari

  I’ve been getting death threats for reforming oil sector, says Mele Kyari

Mele Kyari, group chief executive officer (GCEO) of the Nigerian National Petroleum Company (NNPC) Limited, says his life is being threatened

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Falana asks FG to sack Irabor over destruction of vessel used for oil theft

  Falana asks FG to sack Irabor over destruction of vessel used for oil theft

Femi Falana, human rights lawyer, has called for the immediate sack or resignation of Lucky Irabor, chief of defence, over

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FG sets up committee to investigate crude oil theft

  FG sets up committee to investigate crude oil theft

The federal government has inaugurated a committee to investigate crude oil theft in the country. Rauf Aregbesola, minister of interior,

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CSOs: FG can save N6.3trn annually if it stops oil theft

  CSOs: FG can save N6.3trn annually if it stops oil theft

A coalition of civil society organisations (CSOs) says the federal government can save N6.27 trillion yearly if it curbs oil

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Oil theft: We’ve arrested 210 suspects, says FG

  Oil theft: We’ve arrested 210 suspects, says FG

Lai Mohammed, minister of information and culture, says the federal government is determined to end crude oil theft through the

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