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Tag: $20.4 Billion

Nigeria Loses $20.4bn Annually To Oil Theft

Nigeria Loses $20.4bn Annually To Oil Theft   Speaker of the House of Representatives, Hon Femi Gbajabiamila on Tuesday said the country is losing 400,000 barrels of oil per day (bpd) amounting to about $20.4 billion annually to theft. But the Nigeria National Petroleum Corporation (NNPC) and...