Tag: Oil theft

The Nigerian National Petroleum Company Limited has appealed to the Economic and Financial Crimes Commission to help tackle the menace of crude oil theft in the country, stating that no ...

The Federal Government, on Monday, revealed that more than N4.3tn worth of crude oil was stolen in 7,143 pipeline vandalism cases within a period of five years. It disclosed this ...

A disturbing revelation has come to light through a review of crude oil theft incident reports provided by the Nigerian National Petroleum Company Limited (NNPCL) between May and the second ...

Nigeria has lost an opportunity to produce and sell about 65,700,000 barrels of oil in the last one year due to issues bothering on pipeline vandalism and the resultant oil ...

The Federal Government, on Thursday, said the amount spent on subsidising Premium Motor Spirit, popularly called petrol, between 2005 and 2021 was N13tn, adding that the country lost N16.3tn to ...