In what is being heralded as a huge step forward in the fight against organized crude oil theft, the Nigerian Navy has recovered a vessel suspected of being engaged in …
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Crude oil theft
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The Managing Director of the Nigerian Ports Authority, Mohammed Bello-Koko has explained that rogue vessels engaged in crude oil theft on Nigerian waters go undetected because they turn off their …
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The Group Chief Executive Officer of the Nigeria National Petroleum Corporation (NNPC), Mele Kyari on Tuesday said cooperation with security agencies has significantly reduced the scale of oil theft in …
- Nigeria
Private security firms aid illegal oil points’ discovery, Mele Kyari insists
by Joseph Anthony 3 mins readThe involvement of private security firms helps to discover illegal oil points, the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, Mele Kyari, has said. Kyari spoke …
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President Muhammadu Buhari expressed concern on Friday over large–scale crude oil theft, saying it was affecting the country’s revenues “enormously“. Nigeria lost $1 billion in revenue during the first quarter …