Nigeria: 'Nigeria Lost $2.77 Billion to Crude Oil Theft in 2019'

Nigeria lost 42.25 million barrels of crude oil valued at 2.77 billion dollars to oil theft in 2019, the Nigeria Extractive Industries Transparency Initiative (NEITI) said in its latest audit report.

The report on Oil and Gas was presented to the Media and Civil Society Organisations by Mr George Abiye, Assistant Director, Oil and Gas, NEITI on Tuesday in Lagos.

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