60 Million Barrels of Crude Oil Stolen From Nigeria - Report
The Nigerian Maritime Administration and Safety Agency commissioned a study 7 years ago over millions of barrels of crude oil that were accounted for. The study found that between January 2011 and December 2014, 60.2 million barrels of crude oil left Nigeria that were not recorded, but ended up in Philadelphian Port in the U.S, says human rights lawyer Femi Falana.
(file photo).
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Nigeria:
Falana Wants Govt to Recover Over $100 Billion Unremitted Royalties From Oil Firms
Premium Times, 19 October 2018
Constitutional lawyer and Senior Advocate of Nigeria, Femi Falana, on Thursday called on the Federal Government to recover over $100 billion royalties multi-national oil companies… Read more »
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Nigeria:
'60 Million Barrels of Crude Oil Stolen From Nigeria'
Guardian, 19 October 2018
Human rights lawyer, Femi Falana (SAN) yesterday said about 60.2 million barrels of crude oil were stolen from the country between 2011 and 2014. Read more »
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Nigeria:
Again, NNPC Extends $6bn Oil Swap Contracts to June 2019
This Day, 19 October 2018
Barely four months after the Nigerian National Petroleum Corporation (NNPC) rolled over its crude-for- oil products contracts worth about $6 billion by six months until the end of… Read more »
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Nigeria:
NNPC Extends $6bn Oil Swap Contracts By 6 Months
Vanguard, 18 October 2018
There are indications that the Nigeria National Petroleum Corporation, NNPC, may have extended its crude for oil products contracts worth about $6 billion by another six months,… Read more »
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Nigeria:
Govt Seeking Investors to Revamp Oil, Gas Infrastructure - Kachikwu
Vanguard, 17 October 2018
Minister of State for Petroleum Resources, Mr. Ibe Kachikwu, Wednesday, disclosed that the Federal Government is seeking investors, both indigenous and foreign, to revamp… Read more »
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Nigeria:
Nigeria Grew Reserves By $20bn From Opec's Exemption - Minister
This Day, 17 October 2018
The Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, Wednesday disclosed that the crude oil production exemption granted to Nigeria in 2016 by member countries of the… Read more »
InFocus
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The Senate has begun a fresh investigation into the alleged illegal subsidy payment on petrol by the Nigerian National Petroleum Corporation. The Senate alleges that the state oil ... Read more »