Tuesday 30 September 2014

NIGERIA LOSES N78BN TO CRUDE THEFT

Nigeria lost N77.87 billion worth of crude oil and other petroleum products in 2013, the Nigerian
National Petroleum Corporation, NNPC, has revealed.

The NNPC, in its Annual Statistics Bulletin 2013, released recently, said 327,480 metric tonnes, MT, of petroleum products were lost, while a total of 2.312 million barrels of crude oil were stolen from pipelines in the period under review.

Read more @ Vanguard

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