Nigerian Oil Export Terminal Had Theft Line Into Sea For 9 Years   Officials in Nigeria discovered an illegal connection line from one of its major oil export terminals into the sea that had been operating undetected for nine years, the head of state oil company...

FG Blames Vandalism, Theft, Subsidy As Nigeria’s N9trn Oil Revenue Becomes Threatened Nigeria’s oil production slumped by 28 million barrels between January and July 2022, threatening the Federal Government’s N9.37tn oil and gas revenue target by the end of the year. The Federal Government, in the...

We Lose N30bn Monthly To Vandalism, Theft, Others – Discos   Electricity distribution companies have said they lose over N30bn of their monthly revenue due to cases of energy theft, meter bypass, vandalism and unpaid electricity bills by consumers. Speaking under the aegis of the Association of...

The Port Harcourt Electricity Distribution Company has said it loses over seven million kilowatt-hour, an equivalent of over N238bn, to direct electricity theft a month. The Head, Revenue Protection Department, PHED, Mr. Nsika Udi, said during Consumers’ Forum that the direct tapping of energy, besides...