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Tag: Oil theft

Breaking News

Updated: Navy arrests two vessels with ₦4bn stolen crude oil

The commander said the arrest of the vessels was made possible through credible intelligence received at midnight on April 8. He said the vessels were apprehended at a wellhead located within the Calabar/Akwa Ibom Joint Operations Area, where they were allegedly involved in crude oil theft. He added that MT Mkpodu was arrested while in […]

Economy

Protest hits N’Assembly as Senate, Reps tackle crude oil theft

Scores of demonstrators staged a protest on Wednesday at the National Assembly, as lawmakers intensified deliberations on crude oil theft and pipeline security in Nigeria’s oil-rich Niger Delta. The protesters, under the aegis of the Coalition of Civil Society for Economic Protection, marched to the legislative complex, chanting solidarity songs and waving placards bearing inscriptions […]

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