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Nigeria: Why Crude Oil Theft Persists in Nigeria - NNRC
This Day, 22 October 2019
The Nigerian Natural Resource Charter (NNRC) has given reasons why crude oil theft is still a thriving business in the country, several years after the discovery of oil. Read more »
Nigeria Now World Capital of Oil Theft - Report
The highest ever reported crude oil theft in the world has taken place in Nigeria with the country recording approximately 400,000 barrels per day crude, reports Nigeria Natural Resource Charter. The report also stated that poor governance of Nigeria's oil revenue as well as corruption were parts of the incentives supporting the illicit practice in the country.
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Nigeria: Nigeria Now World Capital of Oil Theft, Says Report
This Day, 22 October 2019
A report by the Nigeria Natural Resource Charter (NNRC) has revealed that the highest ever reported crude oil theft in the world has taken place in Nigeria, with the country… Read more »
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Nigeria: Nigeria Records Highest Oil Theft Rate in the World - Report
Daily Trust, 18 October 2019
The highest ever reported crude oil theft in the world has taken place in Nigeria with the country recording approximately 400,000 barrels per day (bpd) crude theft, a report… Read more »
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Nigeria: Report - NNPC Spent U.S.$396.33 Million On Refineries Tam in Four Years
This Day, 18 October 2019
The Nigerian National Petroleum Corporation (NNPC) reportedly spent a whopping $396.33 million between 2013 and 2017 - a period of four years, to carryout repair works under the… Read more »
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Nigeria: We Aren't Benefitting From Oil Wealth - Akwa Ibom Community
Premium Times, 14 October 2019
The people of Esit Eket Local Government Area, Akwa Ibom State, have said that their living conditions do not reflect the wealth made by the companies extracting oil and gas in… Read more »
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Nigeria: Inside National Assembly's Two Decades of Lawmaking, Scandals and Looting
Premium Times, 9 October 2019
Of the three arms of government, the Legislature is presumed the most critical in any democratic nation. Apart from producing the largest number of elected officials, the National… Read more »
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Nigeria: Nigeria, Others Lose $2bn to Pirates' Attacks Annually, Says Naval Chief
This Day, 30 September 2019
The Chief of Naval Staff, Rear Admiral Ibok Ekwe Ibas, has revealed that Nigeria and 15 other countries in the Gulf of Guinea are currently losing a sum of $2 billion to pirate… Read more »
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Nigeria: House Sets Up Committee to Investigate Oil Theft
This Day, 27 September 2019
House of Representatives Thursday resolved to set up an ad-hoc committee to ascertain the quantity of oil that is stolen on a daily basis and those responsible for such theft in… Read more »
InFocus
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Barambu and neighbouring communities in Alkaleri Local Government Area of Bauchi State, near the border with Gombe State, have been in the spotlight following the discovery of oil ... Read more »
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Shell Petroleum Development Company of Nigeria Joint Venture says it loses 10,000 barrels of oil a day to thieves in the Niger Delta. The company has called out for help from ... Read more »
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Since 1998, underpayment of taxes to the Nigerian government has finally caught up with oil giants operating in the country. Under the country's joint operating agreement, Nigeria ... Read more »
