By Seun Ibiyemi According to the Nigeria Extractive Industries Transparency Initiative (NEITI)’s 2022 and 2023 Independent Oil and Gas Industry Report released last weekend in Abuja, about 7.68 million barrels of crude were either stolen or lost in Nigeria in…
Story by Adeyanju Esther The Nigerian Army’s 6 Division has reported the elimination of two suspected oil thieves and the arrest of 18 others during various anti-illegal bunkering operations in the Niger Delta. The spokesman for the 6 Division, Lt.-Col.…
The Economic and Financial Crimes Commission (EFCC) has announced the initiation of an investigation into a vessel apprehended by the Nigerian Navy Ship NNS FORMOSSO, stationed in Brass, Bayelsa State. The vessel, identified as Bravo Alero, was found transporting 200…
Commodore Nanmar Lakan, Commander Nigerian Navy Ship SOROH (NNS) said the command has arrested two persons for crude oil theft and seized a wooden boat laden with 12,000 litres of Automated Gas Oil (AGO). Lakan disclosed this while parading the…
The Nigerian Army on Friday, destroyed about 14 illegal oil bunkering vessels arrested with stolen crude oil in the oil-bearing Asa Community of Abia. The Army operatives set the vessels ablaze, including eight large Cotonou boats, at Isimmiri Waterside in…
The Chief of Air Staff, Air Marshal Hasan Abubakar, has pledged increased air support to sister security agencies combating oil theft and insurgency across the country. Abubakar gave this assurance on Monday at a luncheon with troops of air component…
The Speaker of the House of Representatives, Abbas Tajudeen, has said that the country is losing N1.29 trillion to oil theft and pipeline vandalism in the Niger Delta region. Tajudeen disclosed this on Friday at the inauguration of the New…
The Nigerian Navy (NN), says the teams operating under Operation Delta Sanity, have nabbed a Ghanian Vessel, with 13 crew members for alleged crude oil theft. It said the crew comprised of one Ghanaian and 12 Nigerians on board the …
Oil theft has remained an albatross to the oil sector in Nigeria. Its effects have had far reaching impacts stretching with macro defects on the economy. It has remained a sapping of resources illegitimately into private pockets against general interest.…
The Tantita Security Services Limited (TSSL), has apprehended a vessel, MT Habour Spirit laden with an estimated 88,000 litres of stolen products suspected to be crude oil.Capt. Warriedi Enisuoh, eExecutive Director, Operations and Technical of TSSL disclosed this to newsmen…
