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Nigeria lost N16.25trn to crude oil theft in 11 years, says NEITI

Nigeria lost N16.25trn to crude oil theft in 11 years, says NEITI, Crude oil theft pushes production to 1.1million barrels per day, says FG, Navy, combat crude oil theft in Niger Delta

Nigeria lost a total of 619.7 million barrels of crude oil valued at $46.16 billion or N16.25 trillion to crude oil theft between 2009 to 2020, the Nigeria Extractive Industries Transparency Initiative (NEITI) has said. This was also as it backed the Federal Government’s decision to set up a Special Investigative Panel on Oil Theft […]

Nigeria lost N16.25trn to crude oil theft in 11 years, says NEITI
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