Nigeria loses N2.1 trillion to Niger Delta militants, vandals in 2016

The Nigerian National Petroleum Corporation, NNPC, said from January 2016 till date, government lost $7 billion (N2.1 trillion) to the activities of militancy groups and oil pipeline vandals in the Niger Delta region.

The Group Managing Director of NNPC, Maikanti Baru, said this on Friday in Abuja at the 2016 Fiscal Liquidity Assessment Committee Retreat. Mr. Baru made a presentation on “Global Oil Prices, Militancy and Terrorism and its Impact on Government Revenue in Nigeria’’.

To continue reading please click here.

Source: premiumtimesng.com

Leave a Reply

Follow us

Get in Touch
Close

Call Us

Main Office: +44 (0) 1279 216726

Risk Consulting
Email: Riskconsulting@mast-security.co.uk
Call: +44 (0) 7785603086

Physical and Asset Security
Email: Protection@mast-security.com
Call: +44 (0) 7557259303

Security Systems
Email: Technology@mast-security.com
Call: +44 (0) 7920204333

Maritime Security
Email: Operations@mast-security.co.uk
Duty Manager: +44 (0) 7827 359132.
24/7 Emergency Telephone: +44 (0) 117 916 6012