Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,152,987 members, 7,817,907 topics. Date: Saturday, 04 May 2024 at 10:33 PM

Nigeria Loses 22mb Of Crude Oil In 6 Months – Gov. Obaseki - Politics - Nairaland

Nairaland Forum / Nairaland / General / Politics / Nigeria Loses 22mb Of Crude Oil In 6 Months – Gov. Obaseki (259 Views)

Nigeria Set To Join BRICS, May Start Trading Crude Oil In Naira / NNPC Fails To Account For 107 Million Barrels Of Crude, - Auditor General / Nigeria Loses N224 Billion Revenue To IPOB Sit-At-Home Order - The Guardian (2) (3) (4)

(1) (Reply)

Nigeria Loses 22mb Of Crude Oil In 6 Months – Gov. Obaseki by Nkemakonam62: 7:34am On Aug 30, 2019
Edo Governor, Godwin Obaseki said the nation lost about 22 million barrels of its crude oil production to oil theft between January and June 2019.

Obaseki disclosed this in a statement issued by Mr Ndu Ughamadu, the Spokesman for the Nigerian National Petroleum corporation( NNPC) in Abuja on Thursday.

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

The governor, also the Chairman of the Ad-hoc Committee of the National Economic Council on Crude Oil Theft spoke at a stakeholders meeting held at the NNPC towers .

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

The governor called on stakeholders to join forces and work toward eradicating the menace of crude oil theft that was currently on upward swing in the country.

It would be recalled that the NNPC Monthly Financial and Operations Report (MFOR) for June revealed a staggering 77 per cent rise in cases of oil pipeline vandalism across its network of pipeline infrastructure.

According to the report, 106 pipeline points are breached, representing an alarming increase from the 60 points vandalised in May 2019.

The meeting had in attendance the group Managing Director of NNPC, Malam Mele Kyari, and representatives of the governors of Delta, Bayelsa, Ondo, Cross River, Akwa Ibom and Rivers.

Also in attendance were representatives of the Police, Navy, Army, Civil Defence and the International Oil Companies (IOCs) and some indigenous operators.

https://www.akelicious.net/nigeria-loses-22mb-of-crude-oil-in-6-months-gov-obaseki/

Re: Nigeria Loses 22mb Of Crude Oil In 6 Months – Gov. Obaseki by daddytime(m): 8:18am On Aug 30, 2019
Who stole the barrels of oil, how did they fetch and transport it?

Of course, the same people (Military) saddled with securing the country's territorial integrity and keeping watch over the oil are the same ones spearheading this wanton rape and robbery of our commonwealth.

(1) (Reply)

UNILORIN Denies Stripping Graduands / PDP Denounces Reported Attack On Fayose / MTN Shut Down Stores & Service Centers As A Precaution To The Ongoing Attacks

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 15
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.