Oil Theft, Piracy, Cost Nigeria U.S.$750m

Oil Theft, Piracy, Cost Nigeria U.S.$750m in 2019 – NNPC

The Nigerian National Petroleum Corporation, NNPC, Tuesday, decried the growing activities of oil thieves and pirates, stating that Nigeria lost about $750 million to oil theft in 2019. In a presentation to members of the Executive Intelligence Management Course 13 of the National Institute for Security Studies (NISS) who were on a study tour to the NNPC in, Abuja, Group Managing Director of NNPC, Mallam Mele Kyari, described the activities of the thieves and pirates as a threat to the operations of the corporation.

Kyari stated that any threat to the corporation’s operations was a direct threat to the very survival of Nigeria as nation because of the strategic role of the corporation as an enabler of the economy.

To read the entire article, please click here.

Source: https://allafrica.com

Nigerian Navy patrol boats

Nigerian Navy patrol boats

Leave a Reply

Follow us

Get in Touch

Call Us

Main Office: +44 (0) 1279 216726

Risk Consulting
Email: [email protected]
Call: 44 (0) 1279 874 528

Physical and Asset Security
Email: [email protected]
Call: +44 (0) 1279 874 532

Security Systems
Email: [email protected]
Call: 44 (0) 1279 874 521

Maritime Security
Email: [email protected]
Duty Manager: +44 (0) 7827 359132
24/7 Emergency Telephone: +44 (0) 1202 045 833