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22 million barrels crude stolen in six months in Nigeria

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Christian Fernsby ▼ | August 30, 2019
The Governor of Edo State, Godwin Obaseki, who is the Chairman of the Ad-hoc Committee of the National Economic Council on Crude Oil Theft, Prevention and Control, has called on stakeholders to join forces and work towards eradicating the menace of crude oil theft that is currently on increasing in Nigeria.
Godwin Obaseki
Africa   Godwin Obaseki
Obaseki made the call at a meeting of stakeholders which at the Nigerian National Petroleum Corporation in Abuja, according to a statement from the oil firm.

Topics: Nigeria oil

The governor painted a dire picture of the oil theft menace and stated that in the first six months of 2019, the nation lost about 22 million barrels of its crude oil production to oil theft.

Obaseki noted that if nothing was done to curtail the ugly trend, the figure could double by the end of the year.

He said the twin menace of oil theft and pipeline vandalism were beginning to pose a threat to the national economy.

NNPC said it was excited that the menace of oil theft and its twin-evil of pipeline vandalism were receiving attention at the highest level of governance in the country.