Massive Oil Theft Scandals Bleeding Nigeria's Economy Nigeria
that Nigeria is losing 200,000 barrels of crude oil a day because of theft and vandalism.churches, mosques, security agencies, as well as communities where pipelines pass through, that they're involved in pipeline vandalism and theft of petroleum products. Kyari said authorities are trying to address the problem but added that theft is difficult to stop. He said up to 95% of Nigeria's oil produced at the Bonny Terminal was being stolen.
We call on the Buhari administration to create as much of a legacy as is still possible, in the next couple of decisive months in which it remains in office, by taking a firmer…
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Nigeria: NNPC Insists 68 Million Litres of Petrol Supplied Across Nigeria DailyThe company says it imported 16.46 billion litres of petroleum between January and August 2022, translating to an average of 68 million litres per day.
Read more »
Nigeria: NNPC Ready for Forensic Audit of Fuel SupplyThe Nigerian National Petroleum Company Limited (NNPC Ltd) has offered to submit itself for forensic audit of fuel supply and subsidy management, insisting that daily fuel supply is 68 million litres.
Read more »
Ramaphosa’s scandal-tainted Phala Phala farm sells 26 animals for R6.8m | Fin24Even as controversy swirls about the theft of money from South African President Cyril Ramaphosa’s game farm, 26 animals were sold for some R6.8 million at an auction on Saturday. | Fin24
Read more »
LETTER: Metal theft not a trade policy problemCape Town does not support the export ban as the issue is more to do with law enforcement
Read more »