Tag: Oil theft

Oil Theft: Nigeria loses $150m every two days
Oil and Gas

Nigeria lost N604.64bn to oil theft in eight months – FG

The Nigeria Upstream and Downstream Petroleum Regulatory Commission’s monthly report has revealed that the nation lost about 13.21 million barrels of crude oil with an estimated worth of N603.64bn between January and August this year to theft. According to The PUNCH, figures contained in the reports, obtained from the Nigeria Upstream and Downstream Petroleum Regulatory […]