Nigeria: FG to Tackle Crude Oil Theft With U.S.$1 Billion - Jonathan

24 March 2014

President Goodluck Jonathan has said that the federal government has earmarked a whopping sum of $1billion (N163 billion) for the implementation of a comprehensive programme designed to combat crude oil theft, vandalism of oil and gas infrastructure, as well as the apprehension and prosecution of crude oil thieves.

Jonathan, who disclosed this yesterday in The Hague, capital of the Netherlands, at two separate meetings with the prime minister of that country, Mr Mark Rutte, and the chief executive officer of Shell International, Mr Ben van Beurden, said already a technical committee has been set up to look into all aspects of the implementation of the programme.

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