On Thursday, Mr. Okoro Eweka, the Commandant of the Nigerian Security and Civil Defence Corps (NSCDC), Lagos State Command, stated that the corps would keep stepping up security around the state’s oil pipeline locations. In response to news stories of oil theft in various regions of the nation, he made this statement in an interview Read More…
Crude Oil Theft
Shell probes Nigerian oil theft report
A spokeswoman for Shell in Nigeria said on Wednesday that the company is looking into claims that an illegal oil tap ran for nine years on a pipeline it manages. The Trans Escravos pipeline was the starting site for the theft, according to a NNPC spokesman, who also said that the suspected exit point for Read More…
Gbajabiamila wants stiffest penalty for crude oil theft, says it’s treason
Speaker of the House of Representatives, Femi Gbajabiamila, said on Tuesday that crude oil theft in Nigeria, which is blamed for throttling output and exports, is tantamount to treason that should be punished by the stiffest possible penalty. Oil production fell below 1 million barrels per day in August, figures from NNPC show. Gbajabiamila said Read More…