Nigeria Lost N76bn Worth Of Crude To Pipeline Vandals In 2020
Nigeria lost at least 3.1 million barrels of crude worth about $200m (about N76.3 billion) in 2020 due to activities of pipeline vandals and crude oil thieves.
This figure is contained in a report released...
Nigeria Loses $2.75bn to Vandals, Oil Thieves - Report
A group known as Partner for Petroleum & Energy Sector Prosperity Initiative (P-PESPI) has called on President Buhari to urgently escalate his intervention to stop criminals to vandalise and steal the nation’s oil assets.
In a statement,...
Shell Decries N202m Daily Oil Loss To Vandals, Oil Thieves
Shell Petroleum Development Company of Nigeria (SPDC) Joint Venture says it loses about N202m daily in revenue to activities of criminals in the Niger Delta.
The company attributed the loss to daily attacks on its pipelines...
NSCDC Confiscates 767 Kegs Of Petrol From Vandals
The Nigeria Security and Civil Defence Corps has seized 767 jerry cans filled with Premium Motor Spirit also known as petrol from some suspected pipeline vandals in the coastal areas of Lagos State.
The seizure was made on...
IBEDC: We Lose Over N2.5bn Monthly To Vandals, Unpaid Bills
The Ibadan Electricity Distribution Company (IBEDC) says it loses over N2.5 billion monthly to vandalization of its power installations and customers who refused to pay their electricity bills.
Speaking during the commissioning of its office/electricity consumers’...
